Japan’s Foreign Reserves Plunge Record $80 Billion After Yen Intervention
Japan’s foreign exchange reserves fell by a record approximately $80 billion in August following extensive government intervention to stabilize the weakening yen. Analysts indicate the central bank likely liquidated substantial holdings of U.S. Treasury securities to finance the currency defense.
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Japan Likely Sold Treasuries to Fund Record Yen Intervention
Japan likely sold a portion of its holdings of foreign securities, including US Treasuries, to finance its record currency intervention over the past month.
By Erica Yokoyama
Read full article →Japan's foreign reserves drop by a record $80 billion in August following yen intervention
Finance ministry data showed that Japan's official foreign reserves stand at $1.207 trillion, down from July's figure of $1.287 trillion.
Read full article →Japan’s August foreign reserves post largest-ever drop after record intervention - The Straits Times
Japan’s August foreign reserves post largest-ever drop after record intervention The Straits Times
Read full article →Japan foreign reserve assets fall by record 6% after interventions
TOKYO (Kyodo) -- Japan's foreign reserve assets in August fell $79.58 billion, or 6.18 percent, from the previous month to $1.21 trillion, marking the
Read full article →Japan may have sold US Treasuries to fund record $99-billion yen intervention - Moneycontrol.com
Japan may have sold US Treasuries to fund record $99-billion yen intervention Moneycontrol.com
Read full article →Japan likely sold Treasurys to fund record yen intervention
Tokyo's holdings of foreign securities fell by $87.8 billion at the end of August from a month earlier, close to the scale of the recent intervention.
Read full article →Japan may have sold U.S. Treasuries to fund yen intervention
Read full article →Japan reports largest monthly reserve decline amid yen intervention - Nation Thailand
Japan reports largest monthly reserve decline amid yen intervention Nation Thailand
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