The yen exchange rate in the Tokyo foreign exchange market on the 17th became even more volatile immediately after the results of the Bank of Japan's monetary policy decision meeting were announced, but as of 5 pm, the dollar was in the low 134 yen range, 16 The yen depreciated slightly compared to the day.
In the Tokyo foreign exchange market on the 17th, the yen exchange rate rose sharply in the morning due to the observation that the Bank of Japan's monetary policy might be revised, and temporarily hit the low 132 yen level per dollar.
However, when the results of the Bank of Japan's monetary policy meeting were announced before noon and it was announced that it had decided to maintain large-scale monetary easing measures, the yen was sold and price movements became even more intense.
After all, the yen exchange rate as of 5 pm was 31 yen from 134.27 yen, which is 5 yen weaker than the 16th.
With respect to the euro, the yen depreciated by 1.69 yen compared to the 16th, and the euro rose from 1 euro = 141.23 yen to 27 yen.
The euro was 1 euro = 1.0517 to 19 dollars against the dollar.
Market officials said, "The results of the Bank of Japan's monetary policy-making meeting reminded investors of the widening interest rate differential between Japan and Europe and the United States. Therefore, it is possible that the yen will depreciate further in the future, but the Bank of Japan Is smoldering the speculation that it will eventually be forced to revise its monetary policy. "