foreign reserves-August tallyForeign reserves down in August on strong dollar, stabilization measures SEOUL, Sept. 5 (Yonhap) -- South Korea's foreign reserves fell in August due to the U.S. dollar's rise and market stabilization measures, central bank data showed Tuesday. The country's foreign reserves came to US$418.3 billion as of end-August, down $3.5 billion from the previous month, according to the data from the Bank of Korea (BOK). The dollar's ascent last month reduced the converted value of holdings denominated in other currencies, the BOK explained.

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