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FX.co ★ Japan’s FX War Chest Grows: Foreign Reserves Rise to $1.41 Trillion in February

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typeContent_19130:::2026-03-05T23:50:00

Japan’s FX War Chest Grows: Foreign Reserves Rise to $1.41 Trillion in February

Japan’s foreign exchange reserves climbed in February 2026, underscoring the country’s continued accumulation of external buffers. Total reserves rose to USD 1,410.7 billion, up from USD 1,394.8 billion recorded in January 2026.

The latest data, updated on 5 March 2026, show an increase of USD 15.9 billion over the month. This expansion in reserves strengthens Japan’s capacity to navigate global market volatility and manage potential currency pressures, as the country remains one of the world’s largest holders of foreign exchange reserves.

Analysts and market participants will be watching future releases closely to assess whether this upward trend continues and what it may signal about Japan’s broader external position and policy stance in the months ahead.

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