South Korea's Foreign Reserves Increase In November

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South Korea's foreign exchange reserves stood at $270.89 billion as of the end of November, up from $264.19 billion in the previous month, the Bank of Korea reported on Wednesday.

The total reserve was comprised of $242.17 billion of securities, $23.78 billion of deposits, $3.85 billion of Special Drawing Rights and $1.01 billion of its IMF reserve position, the central bank said.

At the end of October, South Korea's reserves were ranked sixth in the world after China, Japan, Russia, Taiwan and India.

South Korea's foreign exchange reserves stood at $270.89 billion as of the end of November, up from $264.19 billion in the previous month, the Bank of Korea reported on Wednesday. (Market News Provided by RTTNews)