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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Korea: Foreign cash reserves hit 9-month high

Posted on 03 July 2009

From Joongang Daily: Korea’s foreign exchange reserves rose to a nine-month high in June as foreign currency liquidity conditions improved and investment profits gained, the central bank said yesterday.

The nation’s foreign reserves totaled $231.73 billion as of the end of June, up $4.96 billion from the previous month, according to the Bank of Korea………Full Article: Source


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