Japan’s Foreign Reserves at Over 4-Year High

Japan’s foreign reserves climbed $15.95 billion to $1.41 trillion in February 2026, marking the highest level since December 2021. The reserves consisted of $1.18 trillion in foreign currency assets, $11.3 billion in the IMF reserve position, $61.25 billion in SDRs, $142 billion in gold, and $16.21 billion in other reserve assets. The Finance Ministry also confirmed that no foreign exchange interventions took place between October and December 2025.

Japan’s foreign reserves rose by $24.98 billion to $1.39 trillion in January 2026, reaching the highest level since January 2022. The reserves comprised $1.17 trillion in foreign currency assets, $11.36 billion in the IMF reserve position, $61.42 billion in SDRs, $135.5 billion in gold, and $16.36 billion in other reserve assets. The Finance Ministry also confirmed that no foreign exchange interventions occurred between October and December 2025.

Japan’s foreign reserves increased by $10.42 billion to $1.37 trillion in December 2025, marking the highest level since February 2022. The holdings included $1.16 trillion in foreign currency assets, $11.26 billion in IMF reserve position, $60.84 billion in SDRs, $117.17 billion in gold, and $16.3 billion in other reserve assets. Meanwhile, the finance ministry previously stated that no foreign exchange interventions took place between July and September 2025.