• SHARE

Japan’s foreign-exchange reserves hit a record $830.99 billion in September, up $3.04 billion from the previous month, the Finance Ministry said Thursday.

This also marks a fifth straight month of increase, it said.

The ministry attributed the rise to higher investment returns and valuation gains on holdings of foreign bonds, mainly U.S. Treasuries. The previous record high was $827.95 billion, logged in August.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW