Foreign reserves down for 3rd month in October on strong dollar

A clerk sorts US$100 banknotes at the headquarters of Hana Bank in Seoul on Nov. 3, 2023. South Korea's foreign reserves fell for the third straight month in October due to the strong U.S. dollar and market stabilization measures, reaching US$412.87 billion, down $1.24 billion from the previous month, according to data from the Bank of Korea. (Yonhap)

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