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foreign exchange reserves
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As of October 2024, Korea’s foreign exchange reserves decreased from $419.9 billion the previous month to $415.9 billion. This decline is primarily due to adjustments in deposits.
As a result, deposits decreased significantly from $22.3 billion in September to $18.4 billion. In addition, marketable securities decreased slightly from $373.3 billion to $373.2 billion.
and special drawing rights (SDR) increased from $15.3 billion to $15 billion,
IMF reserves have not decreased from $4.3 billion to $4.2 billion. Source: The Bank of
Korea
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You said exports are going well, but it seems like you’ve been doing a lot to protect the exchange rate?