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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Japan April foreign reserves rise to $1.14 trln

Posted on 11 May 2011

Japan’s foreign reserves rose to $1.14 trillion at the end of April, the Ministry of Finance said on Wednesday.
Japan used a total of 692.5 billion yen ($8.6 billion) in foreign exchange intervention in March, when Group of Seven (G7) countries joined it in their first joint intervention in more than a decade after the yen shot to a record 76.25 yen to the dollar in the wake of a devastating earthquake and tsunami……………………………………….Full Article: Source


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