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Affected by factors such as continued tension in the Middle East and rising international oil prices, the exchange rate of the yen against the US dollar in the New York foreign exchange market once fell to 163.96 yen to 1 US dollar on the 23rd EST, reaching a new low. Analysts believe that the continuing tense situation in the Middle East is driving up international oil prices, increasing market concerns about inflation. Investors' expectations of an early US rate hike are heating up, the US dollar is strengthening, and the yen is under further pressure. Previously, the exchange rate of yen against the US dollar fell to 163.18 yen to 1 US dollar on the 21st EST, a new low since December 1986.

Zhitongcaijing·07/23/2026 16:41:12
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Affected by factors such as continued tension in the Middle East and rising international oil prices, the exchange rate of the yen against the US dollar in the New York foreign exchange market once fell to 163.96 yen to 1 US dollar on the 23rd EST, reaching a new low. Analysts believe that the continuing tense situation in the Middle East is driving up international oil prices, increasing market concerns about inflation. Investors' expectations of an early US rate hike are heating up, the US dollar is strengthening, and the yen is under further pressure. Previously, the exchange rate of yen against the US dollar fell to 163.18 yen to 1 US dollar on the 21st EST, a new low since December 1986.