Will the Bank of Japan's reduced purchases of government bonds curb the yen's depreciation?!

6/13According to some reports,6/14Bank of Japan(hereafter, the BOJ)is considering reducing holdings of government bonds through gradual reductions in purchases at the monetary policy meeting, aiming to normalize both interest rates and quantitative easing policy. The transition to quantitative tightening(hereafter,QT)will be explained as to whether it leads to a correction in the yen’s depreciation.