Korea's foreign exchange reserves jump to new high

Korea's foreign exchange reserves rose to a new high of $93.38 billion, Nov. 15, up $680 million from the end of October, the Bank of Korea said. The central bank attributed the rise to domestic banks' repayments of foreign exchange deposits at their overseas branches and a rise in earnings from the nation's external assets.The nation's foreign exchange reserves, which stood at $74.05 billion at the end of last year, rose to $90.18 billion in June this year, $90.35 billion in July, $91.43 bil