Japan’s foreign exchange reserves fell sharply Japan’s foreign exchange reserves fell by $54 billion in a month

Japan’s foreign exchange reserves fell sharply##Japan’s foreign exchange reserves fell by 54 billion US dollars in a month#] Yesterday, the latest data released by the Japanese Ministry of Finance showed that Japan’s foreign exchange reserves in September fell by 54 billion US dollars compared with the previous month, a decline of 4.2%. Both figures hit a one-month high. In addition to the depreciation of related assets held by Japan due to the fall in the price of U.S. Treasury bonds, the Japanese government intervened in the market by selling dollars and buying yen last month to prevent the depreciation of the yen, which is also an important reason for the decline in foreign exchange reserves.

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