S. Korea's foreign reserves fall for 2nd month in September
SEOUL, Oct. 6 (Xinhua) -- South Korea's foreign reserves fell for the second consecutive month on lower conversion value of non-U.S. dollar assets, central bank data showed Friday.
Foreign currency reserves reached 414.12 billion U.S. dollars at the end of September, down 4.18 billion dollars from a month earlier, according to the Bank of Korea (BOK).
The strong dollar reduced the conversion value of non-