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    <title>Business Recorder - Markets - Financial</title>
    <link>https://www.brecorder.com/</link>
    <description>Business Recorder</description>
    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Thu, 13 Aug 2026 06:56:14 +0500</pubDate>
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      <title>S.Korea end-March forex reserves hit record high</title>
      <link>https://www.brecorder.com/news/9913/skorea-end-march-forex-reserves-hit-record-high</link>
      <description>&lt;p class="MsoPlainText"&gt;&lt;img style="margin-right: 10px; margin-bottom: 10px; float: left;" alt=" " src="https://i.brecorder.com/images/stories/pics2011/april/BOK.jpg" width="400" height="280" /&gt;SEOUL: South Korea's foreign exchange reserves rose to a record high in March, central bank data showed on Monday, but a relatively small gain indicated dollar-buying intervention was weak due to concerns about inflation&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;Foreign current reserves in Asia's fourth-largest economy rose $0.95 billion during last month to a record $298.62 billion, the Bank of Korea said, attributing the rise to strength in non-dollar assets and investment gains.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;The country's foreign reserves added $1.71 billion in February and $4.39 billion in January after reports by currency traders of the government's dollar-buying interventions aimed at smoothing the won's rise.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;The finance ministry and the central bank do not comment on market talk of intervention.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;South   Korea's foreign reserves ranked seventh in the world at the end of February.&lt;/p&gt;
&lt;p class="MsoPlainText"&gt;&lt;Center /&gt;&lt;b&gt;&lt;i&gt;Copyright Reuters, 2011&lt;/b&gt;&lt;/i&gt;&lt;br /&gt;&lt;/center&gt;&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p class="MsoPlainText"><img style="margin-right: 10px; margin-bottom: 10px; float: left;" alt=" " src="https://i.brecorder.com/images/stories/pics2011/april/BOK.jpg" width="400" height="280" />SEOUL: South Korea's foreign exchange reserves rose to a record high in March, central bank data showed on Monday, but a relatively small gain indicated dollar-buying intervention was weak due to concerns about inflation</p>
<p class="MsoPlainText">Foreign current reserves in Asia's fourth-largest economy rose $0.95 billion during last month to a record $298.62 billion, the Bank of Korea said, attributing the rise to strength in non-dollar assets and investment gains.</p>
<p class="MsoPlainText">The country's foreign reserves added $1.71 billion in February and $4.39 billion in January after reports by currency traders of the government's dollar-buying interventions aimed at smoothing the won's rise.</p>
<p class="MsoPlainText">The finance ministry and the central bank do not comment on market talk of intervention.</p>
<p class="MsoPlainText">South   Korea's foreign reserves ranked seventh in the world at the end of February.</p>
<p class="MsoPlainText"><Center /><b><i>Copyright Reuters, 2011</b></i><br /></center></p>
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      <category>Markets</category>
      <guid>https://www.brecorder.com/news/9913</guid>
      <pubDate>Sun, 03 Apr 2011 22:08:44 +0500</pubDate>
      <author>none@none.com (Abdul Ahad)</author>
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