In the Tokyo foreign exchange market on the 13th, the yen exchange rate fell to the upper 146 yen level to the dollar.
With the yen depreciating for the first time in 24 years, trade continued, and there was a growing sense of caution that the government and the Bank of Japan would again intervene in the market.
In the Tokyo foreign exchange market on the 13th, in response to Bank of Japan Governor Kuroda's speech in Washington, D.C., he said that he would continue with large-scale monetary easing. The difference between the two markets became conscious again, and yen-selling and dollar-buying progressed.
▽ The yen exchange rate at 5:00 pm was 67 sen compared to the 12th, and the yen depreciated against the dollar at 1 dollar = 146.83 to 84 sen.
▽ Against the euro, it was 62 sen compared to the 12th, and 1 euro = 142.50 to 54 sen, which is a weak yen against the euro.
▽ The euro was 1 euro = 0.9705 to 07 dollars against the dollar.
A market insider said, "Last month, the yen weakened further than when the government and the Bank of Japan decided to intervene in the market, and Finance Minister Suzuki made a statement strongly discouraging speculative movements, so there was a sense of caution about the government and the Bank of Japan's market intervention. "Many investors are gearing up for the possibility of significant volatility in the yen, depending on the results of the U.S. consumer price index, which is released tonight in Japan time."