Japan Forex Reserves Rises in October

Japan’s official reserve assets inched up by USD 723 million to USD 1.179 trillion at the end of October 2026, compared with USD 1.178 trillion a month earlier, partially rebounding after a sharp USD 29.1 billion drop in September. The modest increase was mainly supported by foreign currency reserves, which rose to USD 985.2 billion from USD 976.9 billion. Within this category, securities expanded to USD 834.6 billion from USD 821.7 billion. In contrast, deposits held with foreign central banks and the Bank for International Settlements declined to USD 150.2 billion from USD 154.8 billion.

Gold reserves decreased further, falling to USD 106.4 billion from USD 113.6 billion. Special Drawing Rights (SDR) holdings also slipped, to USD 60.6 billion, while Japan’s reserve position in the IMF eased to USD 11.2 billion. Other reserve assets were little changed at USD 15.7 billion, whereas other foreign currency assets increased to USD 36.8 billion.