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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

South Korea’s foreign reserves rise in January

Posted on 03 February 2009

From IHT: South Korea’s foreign currency reserves rose slightly in January as the assets yielded profits and local banks repaid some debts borrowed from the holdings, the central bank said Tuesday.

The reserves totaled $201.74 billion at the end of January, up $520 million from the end of December, the Bank of Korea said in a statement. It marked the second straight monthly rise….. Full Article: Source


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