S. Korea's foreign reserves rise for 2nd month in December
SEOUL, Jan. 4 (Xinhua) -- South Korea's foreign reserves rose for the second consecutive month owing to the higher conversion value of non-U.S. dollar assets, central bank data showed Thursday.
Foreign currency reserves came to 420.15 billion U.S. dollars at the end of December, up 3.07 billion dollars from a month earlier, according to the Bank of Korea (BOK).
The weak dollar expanded the conversion valu