Loading…
Japan's foreign reserves fell for a third consecutive month in October. The decline reflected the record yen-buying intervention.
Japan's Ministry of Finance also confirmed it had intervened only once in September, as announced.
Reserve drawdowns show the scale of Japan's yen defence, which bears on how much further it may spend to support the currency. A weaker intervention outlook keeps the dollar firm against the yen.
finance.yahoo.comTetsushi KajimotoNov 8, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
