The main reason for the rise has to do with an increase in profit from foreign reserve investment. The balance of foreign securities rose $770 million to $302.11 billion while deposits rising $610 million to $18.16 billion.
As of the end of July, Korea's foreign reserve level was seventh highest in the world, following China ($3,496.7 billion), Japan ($1,254.0 billion), Switzerland ($517.3 billion), Russia ($512.8 billion), Taiwan ($409.1 billion), and Brazil ($372.0 billion).
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