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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

S. Korea’s foreign reserves grow in 3 months

Posted on 02 February 2012

South Korea’s foreign reserves grew for the first time in three months in January due to a rise in conversion value of non-dollar denominated assets and an increase in investment profits, the central bank said Thursday.
Foreign reserves reached 311.34 billion U.S. dollars as of the end of January, up 4.94 billion dollars from a month earlier, according to the Bank of Korea (BOK)………………………………………..Full Article: Source


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