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South Korea lowers the share of dollars in its fx reserves to 60.5% at the end of 2011 from...
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Monday, April 2, 2012, 12:34 PM ETSouth Korea lowers the share of dollars in its fx reserves to 60.5% at the end of 2011 from 63.7% a year earlier, reports the Bank of Korea. It's the lowest level of dollar reserves since 2007. Central banks are under "pressure" to find assets with better returns, says a strategist.
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