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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

South Korea’s foreign reserves rose to $231.7 bln in June

Posted on 02 July 2009

From Bloomberg: South Korea’s foreign-exchange reserves rose for a fourth month in June, helped by investment gains and a weaker U.S. currency that increased the value of holdings in British pounds.

Reserves climbed to $231.7 billion at the end of June, the most since September and up from $226.8 billion in May, the Bank of Korea said in Seoul today………Full Article: Source


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