S. Korea's FX reserves rose to record high of US$ 436 bil. in November

  • 3 years ago
11월말 외환보유액 4,363.8억달러... 6달 연속 '사상 최대'

For the sixth straight month, South Korea's foreign exchange reserves have hit an all-time high.
The Bank of Korea said on Thursday that reserves amounted to some four-hundred-36 billion U.S. dollars in November,...an on-month increase of around 9-point-9 billion dollars.
The central bank attributed the rise to investment profits as well as the increased value of non-dollar assets due to the weak greenback.
As of the end of October, South Korea's FX reserves were the ninth largest in the world.
China topped the list.

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