Developing
Verified
Yen trades around 158 per dollar in Tokyo and New York from Oct 19 to Oct 22
In short
The yen traded in the 157 to 158 range per dollar in Tokyo and New York between Oct 19 and Oct 22, according to Japanese business outlets. Yomiuri Shimbun put the Tokyo close at 158.16 to 158.18 yen on Oct 19, 158.07 to 158.09 on Oct 20 and 158.12 to 158.14 on Oct 21.
Why it matters
The documents are market reports, so they give little beyond the levels and the reasons some outlets cited. Sankei Shimbun linked yen selling to concerns over Japan's finances, but the other reports do not discuss consequences.
Key facts
- On Oct 19 the Tokyo yen was reported in the late 157 range at about 10:20 and in the early 158 range by the evening. [ 1 , 2 , 3 , 4 , 5 ]
- Yomiuri Shimbun reported the Tokyo close on Oct 19 at 158.16 to 158.18 yen per dollar, 16 sen weaker for the yen. [ 3 ]
- Yomiuri Shimbun reported the Tokyo close on Oct 20 at 158.07 to 158.09 yen per dollar, 9 sen stronger for the yen. [ 14 ]
- Yomiuri Shimbun reported the Tokyo close on Oct 21 at 158.12 to 158.14 yen per dollar, 5 sen weaker for the yen. [ 23 ]
- The New York yen was reported in the early 158 range on the night of Oct 19 and in the mid 158 range on the morning of Oct 20. [ 6 , 7 , 8 , 9 , 10 , 11 ]
- On Oct 22 at 10:30 Nishi-Nippon Shimbun reported the Tokyo yen in the early 158 range. [ 26 ]
Confirmed by several sources
- The Tokyo yen was in the early 158 range per dollar on the evening of Oct 19. [ 3 , 4 , 5 ]
- The New York yen was in the early 158 range on the night of Oct 19. [ 6 , 7 , 8 ]
- The New York yen was in the mid 158 range on the morning of Oct 20. [ 9 , 10 , 11 ]
- The Tokyo yen was in the late 158 range on the morning of Oct 20. [ 12 , 13 ]
- The yen was around 158 per dollar in New York on the night of Oct 20. [ 15 , 16 ]
- The New York yen was in the early 158 range on the morning of Oct 21, and the Tokyo yen was in the early 158 range later that day. [ 17 , 18 , 19 , 20 , 21 , 22 , 24 ]
Still unclear
- Why the yen moved Only Sankei Shimbun gave reasons, and they differ by report: concerns over fiscal deterioration, buying back of AI-related shares, easing of inflation worries after oil prices paused, and a lack of notable factors in Tokyo. Other outlets gave headlines only.
- The New York level on the night of Oct 21 Only Nishi-Nippon Shimbun reported the yen in the late 157 range at 22:05, and the document is a headline with no detail.
What local media are saying
Business mediaBusiness outlets published short rate reports for Tokyo and New York. Tokyo Shimbun, Nishi-Nippon Shimbun, Yomiuri Shimbun and Sankei Shimbun gave the range, and Yomiuri gave exact close quotes. Sankei added reasons: concerns about Japan's finances, buying back of AI-related shares, easing wariness about faster inflation after oil prices paused, and a lack of notable factors.
[
1
,
3
,
7
,
11
,
14
,
19
,
21
,
23
]
Timeline, local time
- Oct 19: Tokyo Shimbun reported the Tokyo yen in the late 157 range. [ 1 , 2 ]
- Oct 19: Yomiuri Shimbun reported the Tokyo close at 158.16 to 158.18 yen per dollar. [ 3 ]
- Oct 19: the New York yen was reported in the early 158 range. [ 6 , 7 , 8 ]
- Oct 20: the New York yen was reported in the mid 158 range. [ 9 , 10 , 11 ]
- Oct 20: Yomiuri Shimbun reported the Tokyo close at 158.07 to 158.09 yen per dollar. [ 14 ]
- Oct 21: Yomiuri Shimbun reported the Tokyo close at 158.12 to 158.14 yen per dollar. [ 23 ]
- Oct 21: Nishi-Nippon Shimbun reported the New York yen in the late 157 range. [ 25 ]
- Oct 22: Nishi-Nippon Shimbun reported the Tokyo yen in the early 158 range. [ 26 ]