Japan's official reserve assets fell by $2.84 billion to $1.274 trillion at the end of October, the Ministry of Finance said Wednesday. Foreign currency reserves totaled $1.196 trillion compared to $1.198 trillion in September. IMF reserve position dropped to $14.57 billion and SDRs came in at $19.95 billion. Gold decreased to $42.29 billion. Other foreign currency assets totaled $27.999 billion in October. It includes loans to the Japan Bank for International Cooperation.
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India Infoline Research Team / 15:28, Mar 13, 2015
Markets are now reinforcing the perception of an early interest rate hike by US Federal Reserve, with consensus calling for the hike taking place in June, when compared with the prior expectations of a hike in September.