TOKYO (AFX-ASIA) - The Ministry of Finance said foreign exchange reserves rose 1.14 bln usd from the previous month to 362.61 bln usd as of end-April, following declines in February and March due to the weak euro.
"The main reason for the rise is due to the rebound of the euro, and securities investment profit," an official said. "The ministry did not intervene in the forex markets during January-March."
The ministry gave the following breakdown of the reserve constituents:
Foreign currencies - 348.90 bln usd
Gold - 6.46 bln usd
IMF reserves - 4.91 bln usd
Special Drawing Rights - 2.35 bln usd