Korea’s Forex Reserves Fall for First Time in Four Months
South Korea’s foreign exchange reserves fell for the first time in four months. After rising for three consecutive months from June through August, reserves declined in September, driven by the…
- South Korea's foreign exchange reserves fell in September for the first time in four months.
- Reserves dropped to $440.56 billion, down $1.72 billion from July.
- Decline attributed to asset transfers, stronger U.S. dollar, and strategic investments.
