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S. Korea's foreign reserves stay almost flat in March

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(Globalpost/GlobalPost)

South Korea's foreign exchange reserves stayed almost flat in March from the previous month as higher investment profits overshadowed the lower dollar conversion value of non-dollar assets, the central bank said Wednesday.

The country's foreign reserves reached US$327.41 billion in March, up $10 million from the previous month, according to the Bank of Korea (BOK).

The FX reserves reached $327.4 billion last month, the first fall in nine months after hitting a record high of $328.91 billion in January.

http://www.globalpost.com/dispatch/news/asianet/130403/s-koreas-foreign-reserves-stay-almost-flat-march