Japan’s foreign exchange reserves at the end of March rose $9.195 billion from late February to stay above the $1 trillion mark for the fifth straight month on gains in the appraisal values of U.S. Treasury bond holdings and euro-denominated assets, the Finance Ministry said Tuesday.
The nation’s foreign reserves, the world’s second largest after China’s, amounted to $1.02 trillion.
The foreign reserves grew from late February for the first advance in three months as U.S. Treasury bond prices gained with falling yields.
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