Board-Ansicht
Mix-Ansicht- Japan hat dieses Jahr bisher 13,5 Billionen Yen zw. Intervention ausgegeben - kingsolomon, 07.10.2003, 09:17
Japan hat dieses Jahr bisher 13,5 Billionen Yen zw. Intervention ausgegeben
-->da freut sich der Herr Snow...
Japan Foreign Reserves -2: Record High Increase, Total
TOKYO (Dow Jones)--Japan's foreign exchange reserves hit a record high of $604.87 billion in September, rising a record $49.79 billion from a month earlier, the Finance Ministry said Tuesday.
The data reflect the massive amount of yen-selling intervention conducted by the Japanese authorities in the month.
The total surpasses the previous high of $556.84 billion set in July and underscores the ministry's persistent intervention to curb the yen's appreciation this year.
The huge increase in convertible foreign currencies, gold and International Monetary Fund special drawing rights comes after Japan spent a staggering Y4.457 trillion in foreign exchange intervention in September.
September's rise in reserves follows a $1.75 billion contraction in August and a $11.2 billion expansion in July.
Japan's foreign exchange interventions in the first nine months of this year totaled Y13.483 trillion, topping 1999's full-year record of Y7.64 trillion.
Tokyo is worried that an excessive yen appreciation could hurt Japan's export-led economy and exacerbate deflation.
Thread gesperrtgesamter Thread:
