2016/9/22 Foreign reserves of Japanese government: Foreign reserves = Short terms debts of Japan economy
Japanese foreign reserves August 2016
http://www.mof.go.jp/international_policy/reference/official_reserve_assets/2808.html
$1256 billion as Japanese foreign reserves
1. Foreign currency. $1193 billion
2. IMF reserve position. $12 billion
3. SDR. $17 billion
4. Gold. $32 billion
5. Others. $0.5 billion
Japan Government has $1256 billion as foreign reserves.
And Japanese economy balance sheets are below.
Balance sheet of Japanese economy
http://www.mof.go.jp/international_policy/reference/iip/2015.htm
Assets $9480 billion @2015 ($1=¥100)
1. Direct investment. $1516
2. Stock & Bond $4231 ($2695 is bond)
3. Derivatives $449
4. Others. $1804
5. Foreign reserves $1485
Debts $6094 billion
1. Direct investment. $243
2. Stock & Bond $3205 ($1336 is bond)
3. Derivatives $455
4. Others. $2189 # ($1471 is short debts) #
I wonder that Short debts in Debts is as big as foreign reserves.
This fact shows that foreign reserves are only for short debts.
And I think Japan government helps only banks when crisis happens?!
