(Bloomberg) -- South Korea's foreign-exchange
reserves, the world's fifth largest, rose for an 11th month in
May as the central bank earned more from interest payments.
The reserves climbed by $3.5 billion from April to $250.7
billion last month, the Bank of Korea said in a statement in
Seoul today. South Korea's reserves include $221 billion of
foreign securities such as U.S. Treasuries.
Read more at Bloomberg Currencies News
reserves, the world's fifth largest, rose for an 11th month in
May as the central bank earned more from interest payments.
The reserves climbed by $3.5 billion from April to $250.7
billion last month, the Bank of Korea said in a statement in
Seoul today. South Korea's reserves include $221 billion of
foreign securities such as U.S. Treasuries.
Read more at Bloomberg Currencies News
No comments:
Post a Comment