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S. Korea's FX reserves edge down on-month in October

2018-11-05 0 Dailymotion

After hitting a new all-time high in September...South Korea's foreign exchange reserves edged down in October... to 402-point-seven billion U.S. dollars.<br /> The Bank of Korea says the country's reserves dipped by 250 million dollars on-month...due to the stronger greenback, which in turn decreased the value of the BOK's assets in other currencies. <br />As of the end of September, South Korea had the world's eighth largest foreign exchange reserves, with China topping the list. <br />

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