S. Korea's FX reserves edge up on-month to US$ 405.3 bil. in March

  • 5 years ago
South Korea's foreign exchange reserves edged up on-month in March.
The Bank of Korea says reserves amounted to 405-point-three billion U.S. dollars, up 580 million dollars from February.
The central bank said the rise was largely due to higher operating profits from its foreign currency assets.
As of the end of Feburary, South Korea had the world's eighth largest foreign exchange reserves, with China topping the list.

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