S. Korea's foreign reserves fall for 3rd month in October

SEOUL, Nov. 3 (Xinhua) -- South Korea's foreign reserves fell for the third consecutive month due to the use of the reserves to mitigate the foreign exchange market volatility, central bank data showed Friday.

Foreign currency reserves reached 412.87 billion U.S. dollars at the end of October, down 1.24 billion dollars from a month earlier, according to the Bank of Korea (BOK).

The authorities used the fo