Arab Today, arab today japan\s forex reserves down from january high
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

Japan\'s forex reserves down from January high

Arab Today, arab today

Arab Today, arab today Japan\'s forex reserves down from January high

Tokyo - KUNA

Japan\'s foreign exchange reserves fell for the first time in two months to USD 1.303 trillion at the end of February, but remained the world\'s second-largest, the Finance Ministry said Wednesday. The figure declined after hitting a record-high of USD 1.307 trillion in January. The drop in foreign exchange reserves, which includes convertible foreign currencies, gold and International Monetary Fund (IMF) special drawing rights, was mainly due to the declining market value of its US government bond holdings, which were affected by higher interest rates in the US, the ministry said. As of February 29, foreign currency reserves stood at USD 1.22 trillion, gold at USD 43.55 billion and IMF reserves at USD 16.82 billion. The reserves are closely monitored for evidence of how Japanese authorities are managing vast foreign currency holdings, as the actions have significant impact on currency exchange rates and global bond markets, particularly in the US government bond market. The ministry has said it did not intervene in currency markets between November 29 and February 27 to stem the yen\'s rise after spending JPY 9.09 trillion between October 28 and November 28, including the biggest ever single-day intervention on Oct. 31, when the Japanese currency hit a postwar high of JPY 75.32 against dollar. Japan is the only country with foreign reserves of more than USD 1 trillion besides China, whose holdings hit a record of USD 3.18 trillion at the end of December, according to the latest comparable data. China has been the world\'s biggest holder of foreign reserves since 2006 by overtaking Japan.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s forex reserves down from january high Arab Today, arab today japan\s forex reserves down from january high

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s forex reserves down from january high Arab Today, arab today japan\s forex reserves down from january high

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday