S. Korea's FX reserves hit US$ 402.9 bil. in Nov.: BOK
- 5 years ago
South Korea's foreign exchange reserves edged up in November... to 402-point-nine billion U.S. dollars.
The Bank of Korea says the country's reserves went up by 240 million dollars on-month...due to the weaker greenback, which in turn raised the value of the BOK's assets in other currencies.
As of the end of October, South Korea had the world's eighth largest foreign exchange reserves, with China topping the list.
The Bank of Korea says the country's reserves went up by 240 million dollars on-month...due to the weaker greenback, which in turn raised the value of the BOK's assets in other currencies.
As of the end of October, South Korea had the world's eighth largest foreign exchange reserves, with China topping the list.