Tokyo, September 7 Japan's Ministry of Finance announced today the 7th of date, as at the end of August, Japan 932.157 billion US dollars foreign exchange reserves hit a new hight record, than in July increased by 8.439 billion US dollars. So far, Japan has foreign exchange reserves for three months to maintain growth.
Data indicate that as at the end of August, Japanese holdings of foreign securities, foreign exchange deposits and gold reserves were 785.602 billion US dollars, 125.265 billion US dollars and 16.533 billion US dollars, respectively in July increased 7.02 billion US dollars, 1.309 billion US dollars and 160 million US dollars.
Japan's Finance Ministry said Japan's foreign exchange reserves continued to August increase is due primarily to the United States long-term decline in interest rates, the Japanese-owned American bond prices rose.
Japan's foreign exchange reserves held by Japan, including foreign securities, foreign exchange deposits, gold reserves and special drawing rights in Japan and the International Monetary Fund.
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