엔화를 방어하기 위해 미국 국채를 대량 매도하면서 일본의 외환보유액은 8월에 950억 달러 급감했다. 그러나 일본을 위해 울지는 말라. 이 개입은 매우 수익성이 높다.

· wolfstreet.com

By Dumping US Treasuries to Prop Up the Yen, Japan’s Foreign Currency Reserves Plunged by $95 Billion in August. But Don’t Cry for Japan. These Interventions Are Hugely Profitable

The government is already busy fighting over what to do with the $31 billion in profits on its foreign exchange interventions last fiscal year.

Japan’s Minis...


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