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Korea's foreign-exchange reserves rose to a record high in February,... making it the
eighth record-breaking month on the bounce. The Bank of Korea said Wednesday... that the
nation's foreign reserves totaled at over 350-billion U.S. dollars as of the end of
last month,... up 3-point-4 billion dollars from January.
The central bank attributes the record high to the weak U.S. dollar that pushed up the
value of non-dollar assets. It also said investment profits rose.
Korea has the seventh largest foreign reserves in the world.