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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Japan’s forex reserves stays at 2nd highest level on record

Posted on 07 September 2010

From Xinhua: Japan’s foreign exchange reserves stayed at the second highest level on record, after surging by 6.63 billion U.S. dollars from the previous month to 1,070.15 billion at the end of August, the Finance Ministry said Tuesday.
It was the third consecutive month of growth for the country’s reserves, Kyodo News reported. The reserves expanded to a record 1, 073.71 billion dollars in last November. In July the reserves stood at 1,063.51 billion, the second largest level ever……………………………………….Full Article: Source


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