Tuesday, 02 January 2024 12:17 GMT

South Korea's foreign exchange reserves up USD1.9 b in January


(MENAFN) Reserves of South Korea's foreign exchange reached a record high in January, registering the seventh record-breaking month in a row, according to Qatar News Agency



South Korea's foreign exchange reserves grew by more than USD1.9 billion compared to a month earlier



The Bank of Korea said the rise in the figure was a result of interest gains from foreign currency assets such as bonds



China ranked first as the world's largest foreign exchange reserve holder, while Japan ranked second


MENAFN

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