April 4, 2017 / 9:02 PM / 6 months ago

S.Korea end-March reserves rise to 6-mth high

    SEOUL, April 5 (Reuters) - South Korea's foreign exchange
reserves increased to a six-month peak of $375.30 billion in
March from a month earlier, the central bank said on Wednesday.
    The level of foreign exchange reserves in March was the
highest since the all-time high of $377.77 billion in September
2016.
    The Bank of Korea said the reserves edged up by $1.39
billion in March from $373.91 billion in February as gains in
the euro and the yen increased the value of the
overall reserves when converted into the dollar. 
    South Korea had the world's eighth largest foreign exchange
reserves as of March this year.

    South Korean foreign reserves (in $ bln, at month-end,
rounded):
 March   Feb     Jan     Dec     Nov     Oct     Sept    Aug
 375.30  373.91  374.04  371.10  371.99  375.17  377.77  375.46
 
 (Reporting by Cynthia Kim)
  

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