□ Korea's official foreign reserves as of the end of January 2005 registered 199.7 billion
dollars, representing an increase of 0.63 billion dollars from the previous month's 199.07
o This slight increase was attributable to the decrease in the U.S. dollar translation value of
that part of foreign reserves made up of the euro and the yen, offsetting the increased
profits on the operation of part of the foreign currency holdings.