South Korea’s foreign exchange reserves rose for the sixth consecutive month in November, buoyed by higher investment income.

The Bank of Korea announced Wednesday that the nation’s foreign currency reserves stood at 430‑point‑66 billion U.S. dollars at the end of November, up one‑point‑84 billion dollars from a month earlier.

The figure marks its highest since August 2022, when reserves reached 436-point-43 billion dollars.

The central bank attributed the increase to higher investment returns and a rise in foreign-currency deposits held by financial institutions.

As of the end of October, South Korea ranked ninth worldwide in foreign exchange reserves.