ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Others

Korea's foreign exchange reserves of 458.7 billion dollars in July, the 'largest' ever

Seoul [South Korea], August 4 (ANI/Global Economic): At the end of July this year, Korea's foreign exchange reserves reached 458.68 billion dollars, the largest amount ever again.

ANI Aug 04, 2021 17:50 IST googleads

Korea's foreign exchange reserves of 458.7 billion dollars in July. (Photo credit: NEWSIS)

Seoul [South Korea], August 4 (ANI/Global Economic): At the end of July this year, Korea's foreign exchange reserves reached 458.68 billion dollars, the largest amount ever again.
According to the report 'Foreign Exchange Reserves at the end of July 2021' published by the Bank of Korea, country's foreign exchange reserves increased by 4.58 billion dollars to 458.68 billion dollars at the end of last month. It is the largest amount ever.
Earlier, Korea's foreign exchange reserves had set the new record high for the seven consecutive months from June to December in 2020. It decreased slightly to 442.73 billion dollars in January, but turned to an increase in February, reaching a record high of 447.56 billion dollars.
It fell to 446.13 billion dollars in March and turned to the increase again in April, reaching 452.31 billion dollars. In May, it hit the record high of 456.46 billion dollars for two consecutive months. It decreased to 454.11 billion dollars in June, but increased 458.68 billion dollars in July, the largest ever again.
As of the end of June, Korea ranked 8th in foreign exchange reserves. It rose one notch from ranking 9th in late January 2021 to 8th in late February but fell to 9th again in late March. It increased to 8th again in late April and has maintained the ranking in May and June. (ANI/Global Economic)

Get the App

What to Read Next

Middle East

Mojtaba Khamenei calls on Muslim neighbours to clarify stance

Mojtaba Khamenei calls on Muslim neighbours to clarify stance

"The countries of the region must clarify their stance regarding the aggressors against our dear homeland and the killers of our people. I recommend that they shut down those bases as soon as possible; for they must surely have realized by now that America's claim of establishing security and peace has been nothing but a lie," he said.

Read More
Asia

3 Indian seafarers dead in Gulf maritime incidents: Rajesh Sinha

3 Indian seafarers dead in Gulf maritime incidents: Rajesh Sinha

"There have been maritime incidents involving Indian crew on foreign-flagged vessels. Of these vessels, there were 78 Indian seafarers. Of these, 70 are unhurt and escaped. Four sustained injuries over the last few days, but are stable. Unfortunately, there have been three casualties, and one seafarer is missing," he said.

Read More
Asia

Jaishankar, Indonesia’s FM exchange perspective on W Asia crisis

Jaishankar, Indonesia’s FM exchange perspective on W Asia crisis

In a post on X, Jaishankar wrote, "Pleased to talk to FM Sugiono of Indonesia. Exchanged perspectives on the West Asia conflict. Discussed bilateral ties and agreed to hold the Joint Commission meeting at an early date."

Read More
Europe

"Act of terrorism": Russia slams Mediterranean drone attack

Russian Foreign Ministry Spokesperson Maria Zakharova condemned a drone strike on the commercial vessel Arctic Metagaz in the Mediterranean. Calling it "a terrorist attack & a war crime," she detailed the crew's rescue after a gas explosion, criticised Malta's refusal to assist the injured, and denounced the European silence.

Read More
Asia

Japan hails IEA's decision to release 400mn barrels of oil

Japan hails IEA's decision to release 400mn barrels of oil

Minister of Foreign Affairs of Japan Motegi Toshimitsu on Wednesday welcomed the decision made by the International Energy Agency (IEA) to implement a collective release totaling 400 million barrels of oil by the member countries, a statement by Japan's Foreign Minister said.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.