
The wealth controlled by the Bank of Japan. Japan holds enormous reserves of foreign currencies, currently holding the largest foreign reserve of American Dollars in the world. Central Banks have recently moved to diversify their currency reserves; the shift has been away from the traditionally favored Dollar toward other currencies like the Euro. Because of the size and influence of the Bank of Japan's huge Reserve Assets, adjustments can radically alter the supply of a currency in the market and sway other banks to act. Long term trends in the Bank's reserve asset figures merit close attention.
All these assets help Japan ensure its financial well-being when faced with economic or geo-political issues. In particular, large foreign currency reserves give the BOJ the freedom to exert a measure of control over its exchange rate by manipulating the supply of foreign currencies.
Relevance :
Rarely affects markets
Release schedule : 23:00 (GMT); every 10 days
Revisions schedule : No revisions
Source of report : Bank of Japan
Web Address : http://www.boj.or.jp/en
Address of release : http://www.boj.or.jp/en/type/stat/boj_stat/ac/ac060610.htm
AKA : Bank of Japan Assets
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