AD
South Korea's foreign exchange reserves dipped for the fourth straight month in February due largely to a depreciation of non-dollar hard currencies such as the euro and the British pound.
The central Bank of Korea said the country's foreign exchange reserves stood at $365.76 billion at the end of last month, down $1.54 billion from January.
The BOK added that in February, the pound was traded at an average $1.38 per pound, down 3.5 percent from the previous month.
Meanwhile, the BOK said its holdings of gold bullion remained unchanged at $4.79 billion last month.
The central bank said that the country was the world's seventh-largest holder of FX reserves as of end-January, with China, Japan and Saudi Arabia retaining their three top positions in FX holdings.
[저작권자(c) YTN 무단전재, 재배포 및 AI 데이터 활용 금지]
The central Bank of Korea said the country's foreign exchange reserves stood at $365.76 billion at the end of last month, down $1.54 billion from January.
The BOK added that in February, the pound was traded at an average $1.38 per pound, down 3.5 percent from the previous month.
Meanwhile, the BOK said its holdings of gold bullion remained unchanged at $4.79 billion last month.
The central bank said that the country was the world's seventh-largest holder of FX reserves as of end-January, with China, Japan and Saudi Arabia retaining their three top positions in FX holdings.
[저작권자(c) YTN 무단전재, 재배포 및 AI 데이터 활용 금지]