Tag : foreign reserves

Business

South Korea FX reserves fall in March on stronger dollar

iraqupdate.com
SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar assets and authorities used reserves in operations...
Business

Argentina settles U.S. Treasury swap obligation in full

iraqupdate.com
MENA Newswire, BUENOS AIRES: Argentina has repaid the United States $2.5 billion that it drew under a short term currency swap credit line from the U.S....
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Korea’s foreign reserves hit five-year low despite monthly increase

iraqupdate.com
South Korea’s foreign reserves increased slightly in December but fell to their lowest year-end level in five years, reflecting currency volatility, according to the Bank...