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وكالة الأنباء القطرية
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Japan's reserves fall 6.18% in August

Japan's reserves fall 6.18% in August

Japan's foreign exchange reserves fell by a record 6.18% in August, amounting to approximately $79.58 billion, bringing the total to around $1.21 trillion. This is the largest decline since data recording began in 2000. The main reason for this decrease is the drop in the market value of government bonds due to rising interest rates, along with currency market intervention operations carried out by the government and the Bank of Japan between July 30 and August 26. These interventions cost about $96 billion, involving the sale of dollars and the purchase of yen. Japan's reserves have now declined for four consecutive months, with holdings of securities down by 9.5% and deposit values decreasing by 4.2%, while its gold reserves increased by 13.3%.

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