Foreign Exchange Reserves in Japan

Ministerio de Finanzas de Japon · Monthly · Importance 2

1,287.1 (Jul-26) ABS · miles de millones de USD · Mensual · CSV

About this indicator

Source	Ministry of Finance (MOF)
Frequency	Monthly
Release	Alrededor del septimo dia habil del mes siguiente al de referencia (08:50 JST)
What it is	Japan's foreign exchange reserves are the country's total official external assets (foreign currency, gold, SDRs and the IMF reserve position), expressed in US dollars. Released by the Ministry of Finance (MOF), they reflect the capacity for currency intervention and external payments.
How it's calculated	The sum of the reserve components at month-end valued in dollars, using the exchange rates and market prices at the close of the period.
Market implications	It is a relevant reading for the yen: sharp falls can signal intervention by the MOF and the Bank of Japan in the currency market to prop up the currency, especially during bouts of steep depreciation.
Limitations	The level depends on market valuation (price and exchange-rate moves), not just flows, so on its own it cannot separate intervention from the mere revaluation of assets.