Bloomberg News

South Korea’s Foreign-Exchange Reserves Rise to $315.8 Billion

March 04, 2012

South Korea’s foreign-exchange reserves rose in February to a record as the euro and pound strengthened against the dollar and the central bank made gains by managing assets.

Reserves climbed by $4.46 billion to $315.8 billion at the end of February, the Bank of Korea said in a statement today.

To contact the reporter on this story: Jiyeun Lee in Seoul at jlee1029@bloomberg.net

To contact the editor responsible for this story: Sandy Hendry at shendry@bloomberg.net


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