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Japan's Foreign Reserves Shrink by $79.6 Billion in August

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Japan's foreign reserves narrowed by $79.6 billion in August from the previous month, according to data from the Ministry of Finance on Monday.

Official reserve assets as of the end of August fell to $1.208 trillion from $1.287 trillion at the end of July.

Of the total, foreign securities assets reached $839.6 billion, down from $927.3 billion the previous month, while deposits fell to $155.4 billion from $162.3 billion previously.

Japan's IMF reserve position stayed flat at $11.4 billion, while its holdings of special drawing rights edged up to $61.2 billion from $60.7 billion.

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