Japan said Wednesday its foreign exchange reserves hit a record high $1.3 trillion in November after authorities intervened in currency markets to stem the yen's rise.
The level was $94.88 billion higher than in October, the finance ministry said, and surpassed a previous record of $1.22 trillion set in August.
The reserves are composed mainly of foreign-currency denominated securities and bank deposits along with gold and other assets, according to ministry data. (AFP)
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