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Economic Buzz: Japan forex reserves drop to 10-month low at $1.31t

05-Jun-2026 | 10:21
Japan's foreign exchange reserves fell by a record USD 77.1 billion to USD 1.31 trillion in May 2026, the lowest level since July 2025. The sharp decline was largely driven by Japan's record JPY 11.7 trillion yen-buying intervention to support the currency. Foreign currency reserves dropped to USD 1.09 trillion, while gold holdings stood at USD 123.7 billion.

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