![Yen depreciation after Bank of Japan decision Why on earth?[Economic Column]| NHK](https://www3.nhk.or.jp/news/html/20230804/K10014152821_2308041243_0804130059_01_02.jpg "Yen depreciation after Bank of Japan decision Why on earth?[Economic Column]| NHK")
The market has been displaying difficult actions for the reason that Bank of Japan selected July 28 to function the present large-scale easing framework, yield curve management, extra flexibly. While long-term rates of interest rose to ranges not seen in 9 years, the yen continued to weaken within the overseas change market. It is alleged that when the rate of interest on authorities bonds rises, it turns into simpler for the nation to purchase its foreign money, however the reverse is true.
We interviewed why the yen weakened after the choice by the Bank of Japan.
(Economics Department reporter Koki Nishizono)