S.Korea's FX reserves dip to $365.76BN at end-Feb.

South Korea's foreign exchange reserves dipped for the fourth straight month in February due largely to a depreciation of non-dollar hard currencies such as the euro and the British pound.

The central Bank of Korea said the country's foreign exchange reserves stood at $365.76 billion at the end of last month, down $1.54 billion from January.

The BOK added that in February, the pound was traded at an average $1.38 per pound, down 3.5 percent from the previous month.

Meanwhile, the BOK said its holdings of gold bullion remained unchanged at $4.79 billion last month.

The central bank said that the country was the world's seventh-largest holder of FX reserves as of end-January, with China, Japan and Saudi Arabia retaining their three top positions in FX holdings.