Japan Foreign Reserves Decline by Record $80 Billion

Japan's official foreign reserves fell by a record $80 billion in August to reach $1.207 trillion. The decline follows government intervention in the currency market to support the yen. Data from the Ministry of Finance shows the total reserves dropped from the $1.287 trillion recorded in July. This shift reflects the scale of liquidity deployed to manage volatility in the foreign exchange market. Market participants are monitoring further ministry disclosures for additional evidence of currency intervention.