Why is the yen exchange rate suddenly going up?

the-yen exchange-rate

I'm going to Japan next week, and I wasn't even thinking about the exchange rate, but when I tried to exchange it today, it went up a lot. Why is the yen exchange rate suddenly going up?

Of course, I thought I would buy it for less than 1,000 won, but it has soared.

738 2018-02-12 Gentleman

A. 1

That's because the U.S. is planning to raise interest rates

Gentleman 7 years ago 0

A. 2

It's because the demand for dollars and yen, which are considered safe assets, is increasing because the U.S. will raise interest rates a lot

Gentleman 7 years ago 0

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