Japan eyes private sector to manage part of its $1.27 trillion forex reserves

(Reuters) - Japan is looking to allow private sector funds and trust banks to manage a part of its $1.27-trillion pool of foreign exchange reserves in a drive to manage them better, a government source told Reuters on Sunday.

India oil play eases currency pain

The rupee pulled back from a record low Thursday after India announced a plan to lend dollars to state oil companies, the latest in a series of measures designed to stem the currency's decline.

China's foreign currency reserves decline

China's official foreign currency reserves fell in the last three months of 2011, marking their first quarterly decline since 1998.