According to the report, Japan remained the largest holder of foreign reserves of any country or territory for the 33rd consecutive month.

The previous record was $453.09 billion at the end of July, which followed $446.20 billion at the end of June.

Japan’s foreign exchange reserves hit a new record for the fifth month in a row at the end of August, rising $2.98 billion from a month earlier to $456.07 billion, the Finance Ministry said Friday.

Hong Kong is the world’s fourth largest holder of foreign exchange reserves after Japan, China and Taiwan.

posted by Administrator at 5:24 pm & filed under Euros |