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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Japan’s foreign exchange reserves hit record high in May

Posted on 07 June 2011

Japan’s foreign reserves rose to a record 1.139 trillion U.S. dollars at the end of May from 1.136 trillion U.S. dollars at the end of April, marking a third- straight month-on-month rise, the Ministry of Finance said in a report on Tuesday.
Japan’s foreign reserves were increased by higher foreign bond prices, particularly U.S. Treasury bonds and gains made on foreign asset holdings’ returns, the ministry said………………………………………Full Article: Source


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