Japan April foreign reserves rise to $1.14 trln
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TOKYO, March 11 (Reuters) - Japan's foreign reserves rose to $1.14 trillion at the end of April, the Ministry of Finance said on Wednesday.
Japan used a total of 692.5 billion yen ($8.6 billion) in foreign exchange intervention in March, when Group of Seven (G7) countries joined it in their first joint intervention in more than a decade after the yen shot to a record 76.25 yen to the dollar in the wake of a devastating earthquake and tsunami. [ID:nL3E7EV1T3]
Japanese authorities did not conduct any intervention between March 30 and April 26, the ministry said earlier.
Tokyo had last intervened in the currency market on its own on Sept. 15, 2010, when it used 2.13 trillion yen, a record amount for a single day.
JAPAN OFFICIAL RESERVE ASSETS (in billion dollars)
END-APRIL END-MARCH END-FEB YEAR AGO
TOTAL 1,135.549 1,116.025 1,091.485 1,046.873
To view the full tables, go to the MOF website at:
here ($1 = 80.835 Japanese Yen) (Reporting by Kaori Kaneko; Editing by Joseph Radford)
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