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Korea's foreign exchange reserves topped US$ 402.5 bil. in July

2018-08-03 1 Dailymotion

South Korea's foreign exchange reserves surpassed 402-billion U.S. dollars in July... in a boost to the country's financial stability.<br /> The Bank of Korea said Friday the country's reserves added nearly 2-point-2-billion dollars from the month before.<br />The central bank said the surge was largely due to the weaker U.S. dollar, which in turn raised the value of the BOK's assets held in other currencies.<br />It was in June that reserves surpassed the 400-billion-dollar mark for the first time. <br />

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