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Japan Jan foreign reserves at $1.053 trln - MOF

Published 02/04/2010, 06:53 PM
Updated 02/04/2010, 06:57 PM

TOKYO, Feb 5 (Reuters) - Japan's foreign reserves rose to $1.053 trillion at the end of January, the Ministry of Finance said on Friday.

Market players are keeping a close watch on the new ruling party's stance on foreign reserves management as some lawmakers from the Democratic Party, which took office in September, have called for more active management of dollar assets in Japan's reserves, such as taking more credit risks.

JAPAN OFFICIAL RESERVE ASSETS (in billion dollars)

END-JAN END-DEC END-NOV YEAR AGO TOTAL 1,053.070 1,049.397 1,073.712 1,010.958

To view the full tables, go to the MOF website at: http://www.mof.go.jp/english/e1c006.htm (Reporting by Stanley White; Editing by Chris Gallagher)

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