In the Tokyo foreign exchange market on the 18th, the yen exchange rate fell sharply after the Bank of Japan announced that it would maintain large-scale monetary easing measures.

In the Tokyo foreign exchange market, after the Bank of Japan announced that it would maintain the current large-scale monetary easing measures before noon on the 18th, interest rate differentials between Japan and the United States became a renewed concern, and the yen fell to the mid-131 yen level to the dollar at one point. The dollar has strengthened.



After that, in response to Governor Kuroda's press conference, the yen was bought back due to speculation that the Bank of Japan might revise its policy at the next and subsequent meetings. 53 sen, and the depreciation of the yen against the dollar was 130.24 to 27 sen.



Against the euro, it was 1.66 yen compared to the 17th, and 1 euro = 141.3 to 7 sen, a weak yen against the euro.



The euro was 1 euro = 1.0827 to 28 dollars against the dollar.



A market insider said, "Immediately after the results of the BOJ meeting were announced, the yen depreciated rapidly. The market has started to buy the yen out of a view that there may be further policy revisions."