South Korea's central bank holdings of gold reserv

2Bank of KoreaBank of Koreareleaseddata show thatthe end of July, South Korea's foreign Ferragamo women shoes exchange reserves rose to$ 311.03 billiontotal, an increase of $ 6.55 billion, a record highforeign exchange reserves. Meanwhile, theSouth Korean central bankholdings ofgold, South Korea'sgoldreservesfrom the previous14.4tons to39.4 tons.
Among them, the bonds and other securities reached $ 275.27 billion, accounting for 88.5% of total foreign exchange reserves; investment reserves of $ 28.67 billion, accounting for 9.2%. In addition, because the price of gold continues to rise, cheap Ferragamo women sandals the central bank has bought 25 tons of gold, which is South Korea's central bank since April 1998 after a lapse of 13 years after the first holdings of gold. As a result, South Korea's gold reserves increased to 39.4 tons (about 1.32 billion U.S. dollars),cheap nfl jerseys, gold reserves in South Korea, the proportion of foreign exchange reserves also increased to 0.03% from the previous 0.4%.
The central bank said South Korea's foreign exchange reserves over $ 300 billion, and the economy has maintained steady growth momentum, so that South Korea has spare capacity to salvatore Ferragamo sandals wholesale gold reserves and gold holdings of foreign currency assets also help reduce the risk of use. In addition, a stronger yen and the pound sterling and the yen converted to U.S. dollars of assets after the rise in the value, so that South Korea's foreign exchange reserves denominated in U.S. dollars the total increase.
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