Japan: Official Reserve Assets: Foreign Exchange Reserves

Macro

2026-10-07

Description

Japan's Official Reserve Assets: Foreign Exchange Reserves are compiled and released by the Ministry of Finance (MOF). These reserves are crucial for maintaining the stability of the national currency and can be used to influence monetary policy and exchange rates. They are also an indicator of a country's ability to withstand external shocks. Higher reserve levels are generally viewed positively, indicating a greater ability to support the national currency, while lower levels can raise concerns about economic stability.

Foreign exchange reserves consist of foreign currency deposits, foreign securities, reserve positions in the International Monetary Fund (IMF), Special Drawing Rights (SDRs), and gold. The data is collected by the Ministry of Finance and reflects the total value of these assets.

The data is updated monthly and is typically released on the seventh business day of the following month.

Published by
Ministry of Finance of Japan (Choice)
Frequency
Monthly
Next Update

AI Data Insight

Japan's foreign exchange reserves fell to 976,913 million USD in August 2026, continuing to shrink from 994,976 million USD in July, reflecting the authorities' massive sell-off of US Treasuries to defend the yen. Boosted by the rare joint intervention by the US and Japan, as well as expectations of tightening by the Bank of Japan, the yen exchange rate has gained short-term support. Going forward, close attention must be paid to the convergence speed of the US-Japan interest rate differential and whether officials will restart currency market interventions.

AI Data Insight

Japan's foreign exchange reserves fell to 976,913 million USD in August 2026, continuing to shrink from 994,976 million USD in July, reflecting the authorities' massive sell-off of US Treasuries to defend the yen. Boosted by the rare joint intervention by the US and Japan, as well as expectations of tightening by the Bank of Japan, the yen exchange rate has gained short-term support. Going forward, close attention must be paid to the convergence speed of the US-Japan interest rate differential and whether officials will restart currency market interventions.

Description

Japan's Official Reserve Assets: Foreign Exchange Reserves are compiled and released by the Ministry of Finance (MOF). These reserves are crucial for maintaining the stability of the national currency and can be used to influence monetary policy and exchange rates. They are also an indicator of a country's ability to withstand external shocks. Higher reserve levels are generally viewed positively, indicating a greater ability to support the national currency, while lower levels can raise concerns about economic stability.

Foreign exchange reserves consist of foreign currency deposits, foreign securities, reserve positions in the International Monetary Fund (IMF), Special Drawing Rights (SDRs), and gold. The data is collected by the Ministry of Finance and reflects the total value of these assets.

The data is updated monthly and is typically released on the seventh business day of the following month.

Published by
Ministry of Finance of Japan (Choice)
Frequency
Monthly
Next Update