At the Tokyo overseas change market on the seventh, the yen change charge at one level rose to the low 145 yen degree to the dollar, the bottom degree since September this yr in about three months.
In response to Bank of Japan Governor Ueda’s remarks, there was hypothesis that the Bank of Japan would change its financial coverage, and because of this, the market turned acutely aware of the narrowing of the rate of interest differential between Japan and the United States, and there was a powerful motion to purchase the yen.