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,
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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,
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The nation's foreign reserves consisted of 271.71 billion dollars of securities,
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Iran,
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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,
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The commercial ties between the two nations is promising,
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