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2026-11-04 05:02:29
South Korea's foreign exchange reserves stood at US$443.16 billion in October 2024, an increase from the previously reported US$440.56 billion. Further explanation: Changes in foreign exchange reserves are typically related to multiple factors, including exchange rate conversion, asset price fluctuations, foreign exchange market intervention, and returns from overseas investments. This slight increase in South Korea's foreign exchange reserves reflects, to some extent, a slight improvement in its external payment capacity and its reserve buffer against external financial risks.
