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

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: