The United States removes Korea from its currency monitoring list, revealing reduced foreign exchange reserves and declining exports.
A Hana Bank Counterfeiting Response Center exployee in Jung District, central Seoul, arranges dollar bills in stacks Wednesday. The Bank of Korea announced on the same day that Korea's foreign exchange reserves stood at...
All the three indicators are flagging danger signs. The government must raise vigilance. The presidential office must set up an economic war room to command operations to save the economy.
Korea's foreign exchange reserves fell to $449.3 billion in April, down by $8.5 billion on month, according to the Bank of Korea Wednesday.
According to data from the Bank of Korea, foreign exchange reserves came to $420.55 billion as of the end of September, up $1.59 billion from a month earlier.
According to data from the Bank of Korea, foreign exchange reserves came to $416.53 billion as of the end of July, up $5.8 billion from a month earlier.
Korea JoongAng Daily Sitemap