Tue, Oct 21, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Korea: Foreign reserves fall by most in nearly 3 years

Posted on 05 October 2011

Korea’s foreign exchange reserves fell by the most in nearly three years in September due mainly to the weaker dollar conversion value of non-dollar assets and suspected dollar-selling intervention.
The country’s foreign reserves reached $303.38 billion as of the end of September, down $8.81 billion from the previous month, the Bank of Korea (BOK) said Wednesday……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14980 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031