Japan's International Investment Position at Year-End 2011

International Department
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International Department: Bank of Japan

No 2012-08-20, Bank of Japan Research Papers from Bank of Japan

Abstract: Japan's external financial assets increased as a whole in 2011 mainly due to increases in reserve assets and loans reflecting net outflows in transactions. The impact of these financial flows was partly offset by the yen's appreciation, which lowered the yen value of foreign currency-denominated assets.

Date: 2012-08-20
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