Seoul, April 3 – South Korea's foreign reserves saw their sharpest monthly decline in about a year in March, amid a stronger dollar and authorities' efforts to manage exchange rate volatility, the central bank said on Friday.The country's foreign reserves stood at US$423.66 billion as of the...
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South Korea Sees Second Consecutive Drop in Foreign Currency Deposits in February
Seoul, March 23 – Foreign currency deposits in South Korea declined for the second straight month in February, driven by reductions in both corporate and individual holdings, according to data released by the Bank...
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