The Japanese yen fell back to the ¥160-per-dollar range. At the end of July, the government injected more than ¥15 trillion into the market as a measure against yen depreciation, seeking to maintain the yen's value.
Reports indicate that the Japanese yen has fallen back to the ¥160-per-dollar range. Concerns have been raised over the widening Japan-US interest rate differential as an external factor. The actions of government officials are drawing market attention.
The Japanese government is said to have injected more than ¥15 trillion into the market at the end of July to protect the yen's value. The fund injection was reported as a large-scale intervention of its kind in 24 years and was described as being aimed at supporting the dollar-yen exchange rate.