In the Tokyo foreign exchange market on the 18th, the outlook for prices indicated by the Bank of Japan remained at + 1.1%, and the yen was temporarily sold due to the speculation that accommodative monetary policy would continue. The price has dropped to the low 115 yen level.
In the Tokyo foreign exchange market on the 18th, after the Bank of Japan announced its monetary policy, the yen depreciated further in the afternoon, and the yen exchange rate temporarily dropped to the low 115 yen level per dollar.
Market officials said, "As prices gradually rise in Japan, the BOJ's outlook for prices is modest, and there is a move to sell yen and buy dollars because of the speculation that accommodative monetary policy will continue. It got stronger. "