Stock prices fell below the 17,000 yen level in late September against the background of the weak tone in U.S. stock prices and the rapid appreciation of the yen, but subsequently rebounded reacting to the recovery in U.S. stock prices and the restoration of stability in the foreign exchange market. The prices are presently moving around 18,000 yen.
In the foreign exchange market, the yen surged against the U.S. dollar and reached the 103–104 yen level in the middle of and late September, but then declined to the current level of 106—108 yen to the dollar. The amount outstanding of funds in the call money market has remained generally stable since the middle of June.