Yen exchange rate price drop May 20 12:02

The Tokyo foreign exchange market on the 20th, the yen exchange rate has fallen somewhat.

Market officials said, `` Because the Bank of Japan announced that it will hold an extraordinary monetary policy meeting on the 22nd, some overseas investors perceived that the interest rate could be lowered and sold the yen. There is a movement to buy but the yen is gradually being redeemed. ”