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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

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

Posted on 03 April 2012

South Korea’s foreign exchange reserves soared to a fresh high in March as the strength of the euro and other currencies boosted the conversion value of those assets, the central bank said Tuesday.
The country’s foreign reserves reached a record high of US$315.95 billion at the end of last month, up $150 million from February, according to the Bank of Korea (BOK)………………………………………..Full Article: Source


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