Foreign Reserves Up for 2nd Month in December on Weak Dollar, Increased Deposits

SEOUL, Jan. 4 (Korea Bizwire) – South Korea’s foreign reserves increased for the second straight month in December on the back of the increased conversion value of non-dollar assets and a rise in deposits, central bank data showed Thursday. The country’s foreign reserves had come to US$420.15 billion as of end-December, up $3.07 billion from [...]