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Korea's FX Reserves Jump Highest in 2009: IMF Updated: 2009-11-04 00:00:00 KST

The International Monetary Fund says Korea's foreign exchange reserves have increased the most among its key member nations.
A recent report by the Washington-based body shows that as of the end of August Korea's FX reserves stood at roughly 245.5 billion US dollars an increase of nearly 44 billion dollars from January.
The nation's foreign reserves totaled 264.2 billion dollars as of the end of last month and are projected to hit the 270 billion dollar level by year's end.
It seems likely that Korea's FX reserves could increase by some 70 billion dollars in the span of one year.
Hong Kong, Switzerland and Denmark followed Korea in posting the largest foreign reserve increases.
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