ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Currencies

Bank of Japan conducts 'check' on foreign exchange rates

Following yen's fall, move believed to be a step toward intervention in market

TOKYO -- The Bank of Japan conducted a foreign exchange "check" on Wednesday, asking market participants about rates, Nikkei has learned.

This is believed to be a move to prepare for foreign exchange intervention by inquiring about trends in the foreign exchange market. A number of sources revealed to Nikkei that the BOJ had conducted the check.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more