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Japan Nov foreign reserves at record $1.07 trln

Published 12/06/2009, 06:57 PM
Updated 12/06/2009, 07:03 PM

TOKYO, Dec 7 (Reuters) - Japan's foreign reserves rose to a record $1.0737 trillion at the end of November, the Ministry of Finance said on Monday.

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-NOV END-OCT END-SEPT YEAR AGO TOTAL 1,073.712 1,056.769 1,052.598 1,002.861 To view the full tables, go to the MOF website at: http://www.mof.go.jp/english/e1c006.htm (Reporting by Tetsushi Kajimoto)

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