Forex reserves top US$200bn in South Korea

South Korea's foreign exchange reserves passed the US$200-billion mark for the first time, says a report from the Bank of Korea released on Thursday 17 February.

The country's foreign reserves came to a record $200.25 billion as of Tuesday 15 February, up $550 million from the end of January, the Bank of Korea (BOK) said in the report.

The central bank attributed the surge to a rise in investment profits. February's profits were especially bolstered, as most of the US Treasuries pay interest in

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