In the Tokyo foreign exchange market on the 9th, there was a move to buy back the yen before the results of the meeting to decide the monetary policy of the Bank of Japan were announced on the 10th, and the yen exchange rate rose.
The yen exchange rate at 5:00 pm was 64 sen compared to the 8th, and the yen strengthened against the dollar at 136.83 to 85 sen.
Against the euro, it was 49 sen compared to the 8th, and 1 euro = 144.44 to 48 sen, which was a strong yen against the euro.
The euro was 1 euro = 1.0556 to 57 dollars against the dollar.
A market insider said, ``The yen has been depreciating due to the remarks of Fed Chairman Jerome Powell, the central bank of the United States, but before the results of the meeting to decide the monetary policy of the Bank of Japan will be announced tomorrow, investors will There is a movement to buy back the yen," he said.