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South Korea's FX reserves hit fresh record high in March

2018-04-04 1 Dailymotion

South Korea saw a fresh high in its foreign exchange reserves for the month of March. <br />According to data released by Bank of Korea on Wednesday, the total value as of last month was around 396-point-seven-billion U.S. dollars, up around two billion from a month earlier. <br />This breaks the previous record set in January. <br />The BOK attributed the rise to the depreciation of the U.S. dollar, which hiked up the value of South Korea's other foreign currency deposits. <br />

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