Foreign reserves log sharpest drop in about year in March

A clerk sorts US$100 banknotes at the headquarters of Hana Bank in Seoul on April 3, 2026. The country's foreign reserves stood at $423.66 billion as of end-March, down $3.97 billion from a month earlier, marking their sharpest monthly decline in about a year amid a stronger dollar and authorities' efforts to manage exchange rate volatility, according to data from the Bank of Korea. (Yonhap)

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