Bank of Korea reveals July gold purchase
The Bank of Korea today (August 2) announced it had purchased $810 million worth of gold in July. "Korea's official foreign reserves as of the end of July 2012 amounted to $314.35 billion, an increase of $1.97 billion from $312.38 billion at the end of the preceding month," a statement from the central bank said.
The gain was for the most part attributed to operating profits on the reserves. However, the purchase of the precious metal was also revealed.
As of the end of July 2012, the central
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Reserves
