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South Korea's foreign reserves hit a five-year low of $409.21B in February, dropping $1.8B.
South Korea's foreign reserves fell to $409.21 billion in February, a drop of $1.8 billion, reaching a five-year low.
The decline is due to financial actions taken in response to currency market volatility and a decrease in foreign securities holdings, though deposits increased slightly.
South Korea remains the ninth-largest holder of foreign reserves globally, following nations like China, Japan, and Switzerland.
2 months ago
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