Japan Kato: Won’t sell us Treasury holdings just from standpoint of US-Japan relations

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.