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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

S. Korea’s foreign reserves hit record high in Feb

Posted on 05 March 2012

South Korea’s foreign exchange reserve soared to a fresh high in February as the strength of the euro and the British pound boosted the conversion value of those assets, the central bank said Monday.
The country’s foreign reserves reached a record high of US$315.8 billion as of the end of last month, up 4.46 billion from January, according to the Bank of Korea (BOK)………………………………………..Full Article: Source


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