Reserves fell in December for the first time since June and continued to decline into January. South Korea's foreign exchange reserves reached $427.62 billion at the end of February, an increase of $1.72 billion from the previous month, according to data from the Bank of Korea, the Yonhap news agency reported. The Bank of Korea announced on Thursday that the country's foreign reserves increased in February from the previous month, marking the first increase in three months, driven by investment returns and the issuance of foreign currency-denominated bonds from the Exchange Stabilization Fund. Data showed the country's reserves in the International Monetary Fund (IMF) rose by $200
