Finance
South Korea\'s forex reserves rise $1.72 billion in February on foreign exchange stabilisation bonds
South Korea’s foreign exchange reserves rose in February, ending two straight months of declines, the Bank of Korea said. Reserves stood at $427.62 billion at end-February, up $1.72 billion from a month earlier, helped by a $3 billion issue of foreign exchange stabilisation fund bonds and investment returns. The increase was smaller than the bond sale size due to exchange market volatility management and a strong dollar.
