South Korea’s official foreign reserves increased in June from the previous month, figures from Bank of Korea showed Friday.
Official reserves rose to $374.7 billion in June from $371.5 billion in the previous month. Securities grew to $339.2 billion from $335.5 billion in the prior month.
SDR’s increased to $3.52 billion in June from $3.15 billion in May. At the same time, gold reserves remained unchanged in June at $4.79 billion.
However, total deposits fell to $25.82 billion from $26.6 billion. Reserve position with IMF also declined slightly to $1.45 billion in June from $1.46 billion in May.
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