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Korea's foreign exchange reserves hits new high in June

Updated: 2014-07-03 16:06:48 (KST)
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Korea's foreign exchange reserves hit another all-time high in June, the country's 12th straight record-breaking month.
The Bank of Korea said Thursday the nation's foreign exchange reserves stood at 366.5-5 billion U.S. dollars as of the end of June.
The figure is UP more than 5.6 billion dollars from the previous month.
The central bank attributed the jump to issuances of foreign exchange stabilization bonds and the strengthening of the euro.
Korea was the seventh largest holder of foreign reserves in the world as of the end of May.


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