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Sovereign Wealth Funds Briefing - Categorized | Performance, Reserve Currencies

S. Korea’s FX reserves hit all-time high in Sept.

Posted on 04 October 2010

From Yonhap: South Korea’s foreign exchange reserves rose to a fresh record high in September as a weaker U.S. dollar bolstered the conversion value of assets in other currencies, the central bank said Monday.
The country’s foreign reserves reached US$289.78 billion as of the end of September, up $4.42 billion from August, according to the Bank of Korea (BOK)……………………………………….Full Article: Source

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