Bank of Korea – International Investment Position (end 2009)
Korean investment overseas jumped by $109.3 billion at the end of last year compared to the previous, according to data released by the Bank of Korea on Friday.
Nearly a quarter of that value was accrued in the final quarter of 2009. The central bank put these developments down to "a sharp increase in reserve assets as well as a rise in the appraised value of overseas investments."
Foreign investment in the East Asian country also leapt, increasing by $144.3 billion last year. The central bank
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