Foreign reserves fall
![Korea’s foreign reserves fell for the first time in four months in February as a stronger dollar reduced the conversion value of holdings in other currencies, according to data from the Bank of Korea on Monday. The country’s foreign reserves were $425.29 billion at the end of February, down $4.68 billion from the previous month. The photo above shows employees organizing the dollar bills at Hana Bank in Jung District, central Seoul, on Monday. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2023/03/06/c5e32d94-3d6d-4ab7-ac8d-b22eeb66b18c.jpg)
Korea’s foreign reserves fell for the first time in four months in February as a stronger dollar reduced the conversion value of holdings in other currencies, according to data from the Bank of Korea on Monday. The country’s foreign reserves were $425.29 billion at the end of February, down $4.68 billion from the previous month. The photo above shows employees organizing the dollar bills at Hana Bank in Jung District, central Seoul, on Monday. [YONHAP]
BY LEE JAE-LIM [lee.jaelim@joongang.co.kr]
with the Korea JoongAng Daily
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