In the foreign exchange market from late on the 18th to the early hours of the 19th, the yen surged by approximately ¥1 against the dollar, briefly reaching the upper ¥156 range per dollar. Government officials disclosed on the 19th that the government and the Bank of Japan had conducted a “rate check” in preparation for yen-buying intervention.
In the foreign exchange market from late on the 18th to the early hours of the 19th, the yen fluctuated sharply, moving approximately ¥1 against the dollar and briefly reaching the upper ¥156 range per dollar.
The government and the Bank of Japan conducted a rate check in preparation for yen-buying intervention. This is viewed as a preparatory step toward intervention to support the yen.
Government officials disclosed this on the 19th.