Japan Kato: Won’t sell us Treasury holdings just from standpoint of US-Japan relations
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Japan finmin Kato:
- There is no preset standard on what is appropriate size of Japan’s foreign reserves
- Don’t think size of Japan’s foreign reserves is too big
- We hold foreign reserves in case we need to conduct FX intervention
- Won’t sell us Treasury holdings just from standpoint of US-Japan relations
This article was written by Eamonn Sheridan at www.forexlive.com.
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