Tuesday, August 6th, 2013
Koh Won-hong, BOK senior manager responsible for international reserves, said, "The reserves rose for the month of July due to an appreciation of the euro against the U.S. dollar that raised the dollar-denominated balance. In addition, we saw the investment income from foreign assets increase for the month."
By type of foreign reserve holdings, the balance of marketable securities, accounting for 91.4 percent in total, has increased 1.95 percent to $301.34 billion from the previous month's $295.57 billion. The deposit balance has declined by $2,480 million to $17.55 billion. The balances of special drawing rights (SDRs) and IMF reserve position were $3,420 million and $2.6 billion, respectively.