S. Korea’s foreign reserves hit record
The Central Bank of South
Korea took advantage of the continued depreciation of the US dollar by adding $3.3 billion to South
Korea's foreign exchange reserves in March.
The addition propelled South
Korea's holdings of US currency to a record $205.5 billion for the Asian nation.
South
Korea's foreign reserves, the largest after those held by
Japan,
China and
Taiwan, include foreign currency, gold and drawing rights.