Foreign currency reserves came to 436.43 billion U.S. dollars at the end of August, down 2.18 billion dollars from a month earlier, according to the Bank of Korea (BOK).
The strong U.S. dollar reduced the conversion value of non-dollar assets. The dollar index, which gauges the dollar value versus six major peers, gained 2.3 percent last month.
The country's foreign reserves were composed of 394.94 billion dollars of securities, 17.9 billion dollars of deposits, 14.46 billion dollars of special drawing rights, 4.79 billion dollars of gold bullion and 4.33 billion dollars of the International Monetary Fund (IMF) position.
South Korea was the world's ninth-largest holder of foreign reserves at the end of July, unchanged from a month ago.
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