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Japan's foreign reserves hit record $1.02 trillion in March

Business Materials 7 April 2008 06:42 (UTC +04:00)

Japan's foreign exchange reserves hit yet another record high of $1,015.59 billion at the end of March, after topping the $1 trillion mark for the first time ever in February, the Finance Ministry said Monday.( Kyodo )

The country's foreign reserves, the second largest in the world after China, expanded $7.61 billion from a month earlier for the 10th straight month. They also reached a record-high level for the ninth consecutive month.

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