S. Korea's foreign exchange reserves rise US$ 1.8 bil. m/m to US$ 403.3 bil. in Sept.
- 5 years ago
South Korea's foreign exchange reserves jumped on-month in September.
The Bank of Korea says the reserves amounted to 403 billion U.S. dollars last month, up one-point-eight billion dollars from August.
The central bank attributed the rise to increase in revenue from its investments in foreign assets.
As of the end of August, South Korea had the world's ninth largest foreign exchange reserves, with China remaining top of the pile.
The Bank of Korea says the reserves amounted to 403 billion U.S. dollars last month, up one-point-eight billion dollars from August.
The central bank attributed the rise to increase in revenue from its investments in foreign assets.
As of the end of August, South Korea had the world's ninth largest foreign exchange reserves, with China remaining top of the pile.