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South Korea FX Reserves Rebound Above $443 Billion

The reserves had temporarily declined in September due to factors including entrusted assets related to investment in the United States, but recovered in October as returns on foreign currency asset…

  • South Korea's foreign exchange reserves exceeded $443 billion in October.
  • Reserves increased by $15.11 billion from September's $440.56 billion.
  • Deposits accounted for $6.32 billion of the reserve growth in October.

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