SEOUL, Dec. 4 (Xinhua) -- South Korea's foreign reserves hit a new high for the fifth straight month due to rise in investment returns, central bank data showed Wednesday.
Foreign reserves reached a new high of 345.01 billion U.S. dollars at the end of November, up 1.79 billion dollars from a month earlier, according to the Bank of Korea (BOK).
The figure was the fresh monthly high, keeping its record- breaking trend for the fifth consecutive month. The country's foreign reserves stayed above the 300-billion-dollar mark since April 2011 when it topped the level for the first time.
The nation's foreign reserves consisted of 311.51 billion dollars of securities, 22.75 billion dollars of deposits, 4.79 billion dollars of gold bullion, 3.47 billion dollars of special drawing rights and 2.48 billion dollars of International Monetary Fund positions.
As of the end of October, South Korea was the world's seventh largest holder of foreign reserves following China, Japan, Switzerland, Russia, China's Taiwan and Brazil.