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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

S. Korea’s foreign reserves rebound in Oct.

Posted on 02 November 2011

South Korea’s foreign exchange reserves rebounded in October from a three-year low as a weaker dollar raised the conversion value of non-dollar assets, the central bank said Wednesday.
The country’s foreign reserves reached US$310.98 billion as of the end of October, up $7.6 billion from the previous month, according to the Bank of Korea (BOK)………………………………………..Full Article: Source


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