Press Enter to search · ESC to close

Macro

Japan FX Reserves Fall for Fifth Straight Month to $1.18 Trillion

Japan’s foreign exchange reserves stood at about $1.18 trillion at the end of September, down $29.128 billion from the end of August, the Ministry of Finance said on October 7. It was the fifth consecutive monthly decline in the reserves.

Original source

AI take

A fifth straight monthly drawdown signals sustained intervention-style outflows rather than routine valuation noise, which matters for anyone tracking official-sector liquidity. The scale of the drop is large enough that it likely reflects active dollar-selling to defend the yen, not just mark-to-market moves on holdings. Whether the drawdown continues is the open question, and it sits alongside the broader read-through for global dollar funding conditions.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback