SEOUL, Dec. 3 (Xinhua) -- South Korea's foreign reserves grew for the sixth straight month due to higher return on investment, central bank data showed Wednesday.
Foreign currency reserves advanced 1.84 billion U.S. dollars from a month earlier to 430.66 billion dollars at the end of November, continuing to go up since June, according to the Bank of Korea (BOK).
The consecutive growth was attributed to the higher investment return and an increase in foreign currency deposits at financial institutions.
The country's foreign reserves were composed of 379.35 billion dollars of securities, 26.43 billion dollars of deposits, 15.74 billion dollars of special drawing rights, 4.79 billion dollars of gold bullion and 4.35 billion dollars of the IMF position.
The Asian country ranked as the world's ninth-largest holder of foreign reserves at the end of October, unchanged from a month earlier. ■
