07.06.2011 - Japan's foreign exchange reserves hit record high in May
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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