Japan's Foreign Reserves Fall by 12 Trillion Yen in August on Government-BOJ Intervention
MacroDigital Finance
The Ministry of Finance announced on the 7th that Japan's foreign reserves at the end of August decreased by $79.575 billion (approximately 12 trillion yen) from the end of the previous month to $1.207524 trillion (approximately 188 trillion yen), marking a decline for the fourth consecutive month. This was due to factors such as the yen-buying, dollar-selling intervention conducted by the government and the Bank of Japan at the end of July.
