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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Japan Oct foreign reserves at $1.21 trln

Posted on 08 November 2011

Japan’s foreign reserves rose to $1.21 trillion at the end of October, the Ministry of Finance said on Tuesday. The data does not take into account Japan’s yen-selling currency market intervention on Oct. 31 as those sales were settled in November.
Earlier Bank of Japan money market data suggested authorities sold a record of nearly $100 billion worth of yen to tame its high-flying currency on that day, much bigger than its previous foray into the market in August………………………………………..Full Article: Source


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