Wednesday, June 6, 2007

UPDATE 1-Japan's reserves fall for first time in 5 months

(Reuters) - TOKYO, June 7 - Japan's official foreign reserves,
the world's second largest, shrank for the first time in five
months due largely to rises in overseas interest rates, the
Ministry of Finance said on Thursday.




The reserves totalled $911.137 billion at the end of May,
down $4.486 billion from April, when they hit a record $915.623
billion.


Read more at Reuters.com Economic News

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