Japan's foreign reserves up USD11b


(MENAFN) Foreign exchange reserves in Japan surged USD11.15 billion in February versus the month before it, Xinhua reported



The country's Finance Ministry said that foreign reserves hit USD1. 28 trillion at the end of February



The appreciation of the euro against the US dollar pushed the value of euro-denominated assets of the Japanese government



The country's foreign exchange reserves consist of securities and deposits denominated in foreign currencies and gold


MENAFN

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