South Korea advertises for new reserve manager

Bank of Korea, Seoul

The Bank of Korea announced on Tuesday it is hiring a new manager to handle its foreign exchange reserves.

At the end of August, the central bank revealed its foreign reserves had risen to $312.19 billion dollars in value, up by $1.16 billion from the month before.

The gain was "attributable mainly to the operating profits on the
foreign reserves", said the central bank.

Earlier this year, Korea followed through on plans to add more gold to its reserve holdings. The job specification for the new

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