Foreign Exchange Holdings of 134.7 Billion Dollars – Increased by 1.87 Billion

Createdd 2003-08-21 Hit 6093

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Korea’s current (Aug. 15) foreign exchange holdings reach up to 134.78 billion dollars.
The Back of Korea announced that foreign exchange holdings up to the 15th sum up to 134.78 billion dollars, which is 1.87 billion more than the last sum taken in July.

The Bank of Korea explained that the increase in foreign exchange holdings is due to the steady inflow of profit from foreign exchange investment and the increase in financial organization deposits.

Japan ranks first in foreign exchange holdings by 556.8 billion dollars, next China with 346.5 billion dollars (end of June), Taiwan with 182.2 billion dollars and then Korea ranks 4th in foreign exchange holdings.

Source from Money Today of August 19