S. Korea's foreign reserves hit record

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.