How Japan Burned Reserves to Save the Yen

Japan’s foreign reserves dropped by a record eighty billion dollars in August as the Bank of Japan intervened to prop up the yen. We look at why Tokyo is spending so much capital to defend a currency that trades at one hundred and sixty yen per dollar, and what this massive drawdown means for global carry trades and emerging market debt. Lucas and Luna break down the mechanics of FX intervention, the limits of central bank firepower, and whether this defensive posture signals deeper structural issues in Japanese monetary policy ahead of September. #FexingoBusiness #BusinessPodcast #GlobalEconomy #JapanEconomy #BankOfJapan #YenIntervention #ForeignReserves #CurrencyMarkets #CarryTrade #EmergingMarkets #MonetaryPolicy #FXStrategy #GlobalFinance #TradeBalance #InterestRateDifferential #SovereignWealth #AsianMarkets #Macroeconomics Keep every episode free: buymeacoffee.com/fexingo