Japan’s foreign reserves dropped by USD 77.11 billion to USD 1.31 trillion in May 2026 from USD 1.38 trillion in the previous month, hitting their lowest level since July 2025. The decline was also the steepest since records began in 2000, according to the Finance Ministry, and likely reflects Japan’s large-scale yen-buying intervention through May 28, during which authorities spent a record JPY 11.7 trillion supporting the currency. Foreign currency reserves declined to USD 1.09 trillion, consisting of USD 931.68 billion in securities and USD 162.24 billion in deposits. Of the deposits, USD 161.80 billion were held with foreign central banks and the BIS, while deposits with banks headquartered in Japan totaled USD 410 million. The IMF reserve position stood at USD 11.51 billion, SDR holdings were valued at USD 60.89 billion, and gold reserves amounted to USD 123.65 billion. Other reserve assets totaled USD 15.91 billion, while other foreign currency assets stood at USD 34.50 billion. source: Ministry of Finance, Japan

Foreign Exchange Reserves in Japan decreased to 1305900 USD Million in May from 1383000 USD Million in April of 2026. Foreign Exchange Reserves in Japan averaged 407574.18 USD Million from 1957 until 2026, reaching an all time high of 1424284.00 USD Million in August of 2021 and a record low of 455.00 USD Million in September of 1957. This page provides the latest reported value for - Japan Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Foreign Exchange Reserves - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-11 11:50 PM
Foreign Exchange Reserves
Apr $1383.0B $1374.7B
2026-06-04 11:50 PM
Foreign Exchange Reserves
May $1305.9B $1383B
2026-07-06 11:50 PM
Foreign Exchange Reserves
Jun $1305.9B


Related Last Previous Unit Reference
Central Bank Balance Sheet 664363.00 663253.30 JPY Billion May 2026
Deposit Interest Rate 0.33 0.33 percent May 2026
Foreign Bond Investment 382.60 212.10 JPY Billion Jun 2026
Foreign Exchange Reserves 1305900.00 1383000.00 USD Million May 2026
Stock Investment by Foreigners -785.10 -700.60 JPY Billion Jun 2026
Interbank Rate 1.41 1.41 percent Jun 2026
Interest Rate 1.00 0.75 percent Jun 2026
Bank Lending YoY 5.70 5.40 percent May 2026
Loans to Private Sector 591368.50 590733.80 JPY Billion May 2026
Money Supply M0 110181.30 110562.90 JPY Billion May 2026
Money Supply M1 1102935.10 1103467.50 JPY Billion May 2026
Money Supply M2 1298093.20 1295619.00 JPY Billion May 2026
Money Supply M3 1642404.50 1640907.90 JPY Billion May 2026
Private Debt to GDP 162.60 165.70 percent Dec 2024
Purchases of Government Bonds 2497.50 2569.90 JPY Billion May 2026


Japan Foreign Exchange Reserves
In Japan, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.
Actual Previous Highest Lowest Dates Unit Frequency
1305900.00 1383000.00 1424284.00 455.00 1957 - 2026 USD Million Monthly
Current Prices, NSA

News Stream
Japan Forex Reserves Fall Sharply in May
Japan’s foreign reserves dropped by USD 77.11 billion to USD 1.31 trillion in May 2026 from USD 1.38 trillion in the previous month, hitting their lowest level since July 2025. The decline was also the steepest since records began in 2000, according to the Finance Ministry, and likely reflects Japan’s large-scale yen-buying intervention through May 28, during which authorities spent a record JPY 11.7 trillion supporting the currency. Foreign currency reserves declined to USD 1.09 trillion, consisting of USD 931.68 billion in securities and USD 162.24 billion in deposits. Of the deposits, USD 161.80 billion were held with foreign central banks and the BIS, while deposits with banks headquartered in Japan totaled USD 410 million. The IMF reserve position stood at USD 11.51 billion, SDR holdings were valued at USD 60.89 billion, and gold reserves amounted to USD 123.65 billion. Other reserve assets totaled USD 15.91 billion, while other foreign currency assets stood at USD 34.50 billion.
2026-06-04
Japan Forex Reserves Rise in April
Japan’s foreign reserves rose by USD 8.25 billion to USD 1.38 trillion in April 2026 from a three-month low of USD 1.37 trillion in the previous month. The reserves consisted of USD 1.17 trillion in foreign currency assets, including USD 1.01 trillion in securities and USD 162.20 billion in deposits, while the IMF reserve position stood at USD 11.27 billion, SDRs totaled USD 61.05 billion, and gold holdings were valued at USD 125.43 billion. Other reserve assets amounted to USD 15.82 billion. The modest increase in total reserves came despite foreign currency holdings remaining largely unchanged, suggesting limited immediate impact from FX intervention operations late in the month. Japan stepped into the currency market on April 30 to support the yen, with some estimates pointing to sizeable intervention activity that may not yet be fully reflected in April figures due to timing effects.
2026-05-12
Japan Forex Reserves Smallest in 3 Months
Japan’s foreign reserves fell by $35.97 billion to $1.37 trillion in March 2026, marking the lowest level since December 2025. The reserves consisted of $1.16 trillion in foreign currency assets, $11.14 billion in the IMF reserve position, $60.45 billion in SDRs, $125.34 billion in gold, and $15.99 billion in other reserve assets. This decline comes amid increased volatility, with officials monitoring the yen's weakness and signaling readiness to intervene if necessary. The decline highlights ongoing pressure on Japan's monetary authorities, though they may wait until the Bank of Japan's next policy meeting on April 28.
2026-04-06