At a press conference after the monetary policy decision meeting held until the 28th, the Bank of Japan's governor Kuroda said that the yen's depreciation is progressing rapidly, with the yen's exchange rate dropping to the 130 yen level for the first time in 20 years. Short-term excesses, such as those seen recently, can increase uncertainty about the future and make it difficult for companies to formulate business plans. "
On that basis, the Bank of Japan expressed its intention to pay close attention to the impact of the weak yen on the economy and prices.