Bank of Korea not to alter dollar reserves- report

The Bank of Korea does not intend to alter the proportion of its foreign exchange reserves denominated in US dollars, although it will seek to maximise profit from its forex holdings by investing in a broader range of assets, the Wall Street Journal reported, citing BOK sources.

"We have absolutely no plans to reduce our proportion of dollar holdings," the head of the bank's reserve management team, Choo Heung-Sik was quoted as saying in an interview with the newspaper.

"The market shouldn't mi

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