Fri, Aug 1, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

S.Korea November FX reserves drop $11.7 bln, seen falling more

Posted on 03 December 2008

From Guardian: South Korea’s foreign reserves dropped by $11.7 billion in November to their lowest level in almost four years, a reflection of liquidity injections into the banking system to combat the global credit crisis.

Statements from the central bank and the finance ministry suggested reserves would continue to fall as they spend dollars to keep the financial system stable….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 14496 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031