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Economic Buzz: Japan's Official Reserves Fall In October

capital market | Mumbai | February 12, 2014 17:41 IST

Economic Buzz: Japan's Official Reserves Fall In October

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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