Japan August foreign reserves fall most on record intervention
Japan’s foreign reserves fell in August to $1.208 trillion at month-end, government data showed, following another round of record dollar-selling and yen-buying intervention to counter yen weakness.
Japan's foreign reserves posted their biggest-ever drop in August, government data showed on Monday, after Tokyo launched another round of record dollar-selling, yen-buying intervention to curb persistent weakness in the currency. 208 trillion at the end of the period.