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Old 04-15-2011, 01:26 AM   #1
oss2r661b8
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Default S Korea's foreign reserves rise tiger shoes outle

S Korea's foreign reserves rise to 298.6 bln USD in March
South Korea's foreign reserves rose to 298.6 billion U.S. dollars in March mainly due to increased conversion value of non-dollar denominated assets, the country's central bank said on Monday.As of the end of March,Trashed Oceans Threaten Marine Life tiger shoes,asics onitsuka tiger, the country's foreign reserves stood at 298.62 billion U.S. dollars, up 950 million dollars from 297.67 billion dollars the previous month,tiger shoes, the Bank of Korea (BOK) said in a monthly report.
The March reading marked the record high of reserves and the fourth consecutive month of growth.The increase was attributable to rising investment profits and growing conversion value of non-dollar denominated assets caused by weaker dollar,asics shoes 2011, according to the BOK.
The nation's foreign reserves consisted of 271.71 billion dollars of securities,Asics Mexico 66, 21.93 billion dollars of deposits,Onitsuka Tiger 2011, 3.7 billion dollars of special drawing rights (SDR), 1.19 dollars of International Monetary Fund (IMF) reserve positions and 0.08 billion dollars of gold bullion.As of the end of February,asics onitsuka tiger shoes, South Korea was the world's seventh- largest holder of foreign reserves following China,onitsuka tiger shoes, Japan, Russia,cheap Mexico 66, China's Taiwan,onitsuka tiger, Brazil and India, the BOK added.
Iran,tiger shoes outlet, Belarus to promote economic ties
The head of the Iran Trade Development Organization said Sunday Iran and Belarus will set up joint chamber of commerce to promote their economic ties,Asics Ultimate 81, the official IRNA news agency reported.In a meeting with the Belarusian Ambassador in Tehran Victor Ribak, Hamid Safdel said the establishment of the Iran-Belarus joint chamber of commerce will promote economic cooperation between the two countries, according to the report.
The commercial ties between the two nations is promising,asics tiger shoes, Safdel was quoted as saying.Ribak, for his part, said that Iranian merchants invested some 20 billion U.S. dollars in his country in 2010. He added his country is ready to organize exclusive exhibitions in different Iranian provinces, according to IRNA.
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