S Korea foreign reserves hit USD351.8b in Feb


(MENAFN) Foreign reserves in South Korea increased to a new high for the eighth consecutive month in February, Xinhua reported



The country's foreign reserves hit USD351.8 billion at the end of last month, increasing USD3.4 billion from a month before



The foreign reserves consists of USD322.89 billion of securities, USD18.11 billion of deposits, USD4.79 billion of gold bullion, USD3.49 billion of special drawing rights and USD2.5 billion of International Monetary Fund positions



South Korea's foreign reserves first hit the USD300 billion mark in April 2011 and have stayed above the mark since


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