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RBA boosts its holding of Korean Won to 5% of net reserves

RBA boosts its holding of Korean Won to 5% of net reserves

Central Banks
Eamonn Sheridan
01/03/2016 | 23:43 GMT

Reserve Bank of Australia FX Reserves news

  • Has recently invested 5% of its net reserves in Korean won
  • Says won allocation in line with yen, CAD, GBP & yuan
  • Says investment will further diversify its forex reserves

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