In the Tokyo foreign exchange market on the 10th, the yen was sold rapidly after the Bank of Japan decided to maintain the current large-scale monetary easing measures at the monetary policy meeting, and the yen exchange rate temporarily fell against the dollar. The price fluctuated wildly, with the yen depreciating by about 1 yen.
The yen exchange rate at 5:00 pm was 43 sen compared to the 9th, and the yen strengthened against the dollar at 136.40 to 43 sen.
Against the euro, it was 8 sen compared to the 9th, and 1 euro = 144.52 to 56 sen, a depreciation of the yen against the euro.
The euro was 1 euro = 1.0594 to 95 dollars against the dollar.
A market insider said, ``When it became known that the Bank of Japan decided to maintain the current large-scale monetary easing measures at the monetary policy meeting, there was a scene where the yen was sold rapidly. Due to concerns, there was a growing view that the pace of the Fed's interest rate hikes would not be so rapid, and there were moves to sell the dollar and buy the yen, resulting in a rough price movement with a mix of selling and buying." .