Japan Forex Reserve continues to increase

[sarahfx]

The Ministry of Finance in Japan published, the foreign exchange (forex) reserves in Japan reached up to 1.0701 trillion U.S dollars, increased 6.632 billion U.S dollars than the last month, which the third month of increasing.

The data indicated that by the end of Japan, the funds outstanding for foreign exchange (forex) was 20.863 billion U.S dollars, reduced 1.097 billion U.S dollars than the last month.

The major reason for the continuous growth of the forex reserve in the very month is that the holding Treasury bonds appreciation and the gold price growth in Japan.

The forex reserve in Japan includes the foreign securities, funds outstanding for foreign exchange (forex), gold reserve and the SDR in the IMF.