South Korea’s foreign exchange reserves have hit a seven-month high.
 
The Bank of Korea(BOK) said on Thursday that the country’s foreign reserves stood at 376-point-57 billion dollars last month, up by one-point-27 billion dollars from March.
 
It marks the second highest figure ever recorded, since a record high of 377-point-77 billion dollars in September.
 
As of March, South Korea’s foreign reserves were the eighth largest in the world. China’s foreign reserves remained the largest, growing by four billion dollars from February to over three trillion dollars.
 
Japan came second with about one-point-23 trillion dollars, while Switzerland was placed third at 730-point-four billion dollars. Saudi Arabia ranked fourth, followed by Taiwan, Russia and Hong Kong.
 
South Korea’s foreign reserves have fluctuated this year in response to the changes in the value of dollars.