Tag: surplus
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Japan advisers urge tapping foreign exchange account surplus to fund spending
TOKYO, Oct 29 : Japan can tap more of the huge surplus in its foreign exchange special account to fund spending, private-sector members of a key government panel said on Thursday, arguing it already has sufficient buffers to withstand sharp moves in the yen.The proposal, made at a meeting of the Council on Ec
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Japan’s FX reserve account logs $31 billion surplus in FY2025
TOKYO, July 31 : Japan posted a surplus of $31 billion from a special government account for foreign exchange reserves in the fiscal year that ended in March, the second-highest on record, thanks to a weaker yen boosting its yen returns on foreign assets.The surplus from the special account, which manages for
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