BOK faces dilemma in managing FX reserves

Korea's foreign exchange reserves topped the $130 billion mark according to the Bank of Korea. Representing a rise of $10.2 billion from $121.41 billion at the end of 2002.

Source: Korea Times

The central bank faces a dilemma in managing Korea's soaring foreign exchange reserves, with reserves on a sharp rise over the past few years and topping the $130 billion mark in June for the first time.

According to the Bank of Korea (BOK) yesterday, foreign exchange reserves hit a fresh high of $131.6 bi

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