Japan Exports Slump – TradenTalks

Japan Foreign Reserves Fall For Third Month After Intervention

November 8, 2022 Administrator_Indiabuying, committed, Foreign, intervention, remains, Reserves, trillion0 comment

Japan’s foreign reserves extended declines in October, following the previous month’s record drop, the Ministry of Finance said on Tuesday, reflecting the largest ever amount of yen-buying, dollar-selling interventionThe data comes alongside separate figures that confirmed Japan did not conduct stealth intervention in September and only entered the market to buy yen for U.S. dollars on Sept. 22 as announced, its first foray into the market to prop up the Japanese currency since 1998 Market players are scrutinising Japan’s vast pool of foreign assets and intervention records for clues on…

Japan exports slump as coronavirus hits U.S., Chinese demand

April 20, 2020 Administrator_IndiaJapan Exports Slump0 comment

By Administrator_India Capital Sands Japan’s exports slumped the most in nearly four years in March as U.S.-bound shipments, including cars, fell at the fastest rate since 2011, highlighting the damage the coronavirus pandemic is inflicting on global demand and trade. Monday’s bleak data underscored the challenges Prime Minister Shinzo Abe’s government faces in dealing with a collapse in an activity that is expected to send the global economy into its deepest slump since the Great Depression of the 1930s. After a jump in virus cases, Abe expanded a state of…