After the results of the Bank of Japan's monetary policy decision meeting were announced, the yen depreciated further in the Tokyo foreign exchange market, and the dollar was trading in the high 129 yen range.
Market officials said, "The Bank of Japan has decided to maintain the current large-scale monetary easing policy, and the difference in monetary policy with the US Federal Reserve Board, which is rushing to tighten monetary policy, is becoming more conscious and yields are higher. The move to buy potential dollars is predominant. "