In the Tokyo foreign exchange market on the 21st, the yen exchange rate has risen in response to the Bank of Japan's decision to revise its large-scale monetary easing measures.
In the foreign exchange market, on the 20th, the Bank of Japan revised its large-scale monetary easing measures and decided to raise the upper limit of the fluctuation range of long-term interest rates from about 0.25% to about 0.5%. was conscious of the reduction of
As a result, the movement to sell dollars and buy yen spread, and the yen exchange rate temporarily rose to the 130 yen level for the first time in about four and a half months since August.
A market insider said, ``The unexpected revision of the Bank of Japan's monetary easing measures caused the yen to rise to the 130 yen level to the dollar at one point. There is a growing sense of caution as to whether buying will continue," he said.