Japan’s official reserve assets edged up by USD 723 million to USD 1.179 trillion at the end of October 2026 from USD 1.178 trillion a month earlier, recovering slightly after September’s USD 29.1 billion decline. The increase was driven by foreign currency reserves, which climbed to USD 985.2 billion from USD 976.9 billion, with securities rising to USD 834.6 billion from USD 821.7 billion. However, gold reserves fell to USD 106.4 billion from USD 113.6 billion, while deposits declined to USD 150.7 billion from USD 155.2 billion. SDR holdings stood at USD 60.6 billion and the IMF reserve position at USD 11.2 billion. Japan’s Finance Ministry disclosed that the country spent a record ¥15.4 trillion buying yen over three consecutive days in late July, including a daily record ¥7.98 trillion on July 30. The intervention included a rare coordinated operation with the United States on July 31, the first such joint action since 1998.
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