SEOUL, July 3 (Xinhua) -- South Korea's foreign reserves rebounded in three months due to the higher conversion value of non-U.S. dollar assets, central bank data showed Thursday.
Foreign currency reserves mounted 5.61 billion U.S. dollars from a month earlier to 410.20 billion dollars at the end of June after sliding for the past two months, according to the Bank of Korea (BOK).
The turnaround was attributed to higher investment income and the increased conversion value of non-dollar assets, caused by the weaker U.S. currency.
The dollar index, which gauges the dollar value versus six major peers, declined 1.9 percent last month.
The country's foreign reserves were composed of 358.50 billion dollars of securities, 26.54 billion dollars of deposits, 15.89 billion dollars of special drawing rights, 4.79 billion dollars of gold bullion and 4.47 billion dollars of the IMF position.
The Asian country was ranked as the world's 10th-largest holder of foreign reserves at the end of May, unchanged from a month earlier. ■