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Posted : 2013-02-05 09:31
Updated : 2013-02-05 09:31

S. Korea's foreign reserves hit new high in Jan.

South Korea's foreign exchange reserves reached a new record high in January due to higher conversion values of non-dollar assets and an increase in investment profits, the central bank said Tuesday.

The country's foreign reserves reached US$328.91 billion in January, up $1.94 billion from the previous month, according to the Bank of Korea (BOK).