Japan foreign reserves fall in Feb on weak euro

Japan's foreign reserves, the largest in the world, fell in Feb 2001 for the first time in six months, hit in part by a decline in the euro, a Finance Ministry (MOF) official said on Mar 7, 2001.

The ministry said Japan's foreign reserves stood at $363.690 billion at the end of February, down 529 million from the end of January, the first decline since August 2000. "Generally speaking, falls in foreign reserves can be caused by a decline in the dollar value of non-dollar assets," the official

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