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. Last Updated: 07/27/2016

Japan Reserves Fall

TOKYO -- Japan's foreign exchange reserves fell $731 million in January to $217.1 billion, the first month-to-month decline since October 1993, according to Japan's finance ministry.


The foreign exchange reserves consist of convertible foreign currencies, gold and International Monetary Fund special drawing rights.


Asked Monday if the reason for the decline in foreign reserves was due to central bank intervention in support of the yen, a ministry official said he could not comment.