How does a decrease in Japan's interest rates typically affect the Yen's value in the foreign exchange market?

When Japan lowers its interest rates, it usually makes borrowing money cheaper in the country. This can lead to more spending by consumers and businesses, which can boost the economy. However, lower interest rates also make the Yen less attractive to foreign investors, who might look for higher returns elsewhere. As a result, demand for the Yen decreases, causing its value to fall in the foreign exchange market. For example, if an investor can earn more money by investing in another country with higher interest rates, they might sell their Yen to invest elsewhere, further lowering the Yen's value.