In the Tokyo market following the long holiday period, the yen weakened temporarily to the low ¥158 range per dollar, but buying of the yen was prompted by concern about intervention by the government and the Bank of Japan, and it is currently trading in the high ¥157 range.
In the Tokyo foreign exchange market following the long holiday period, the yen weakened temporarily to the low ¥158 range per dollar.
The yen was subsequently bought back amid concern about market intervention by the government and the Bank of Japan, and trading reportedly settled in the high ¥157 range.
The article does not provide specific dates or details on trading volume, focusing instead on the latest price movements and market participants' concerns.
This movement suggests that the price action during the holiday period is continuing, and concern about future developments in the foreign exchange market is expected to persist.