down $11.14 billion from three months earlier

Korean investments in overseas securities fell by the most since the global financial crisis in the third quarter as the eurozone debt crisis hit share prices,hollister, the central bank said Tuesday,hollister.
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nInstitutional investors’ investments in foreign stocks, bonds and so-called Korean Paper reached an outstanding $57,air jordan pas cher.8 billion as of the end of September,jordan pas cher, down $11,hollister deutschland.14 billion from three months earlier,abercrombie france, according to the Bank of Korea (BOK).
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nThe third-quarter data marked the largest fall since a $18.06 billion decline in the fourth quarter of 2008 when the country was in the midst of global financial turmoil,hollister.
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nKorean Paper refers to foreign-currency-denominated securities issued by the South Korean government, financial institutions or companies based abroad,abercrombie.
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nThe central bank said that the eurozone debt crisis pummeled share prices in overseas countries,hollister france, driving down the value of shareholding held by local institutional investors.
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nInvestments in foreign stocks declined $10.46 billion on-quarter to $27,hollister pas cher.1 billion as of end-September and those in overseas bonds fell $460 million to $14.12 billion,air jordan, the BOK said,hollister. (Yonhap)
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Today 15 years ago, Korea went cap in hand to seek a bailout from the International Monetary Fund (IMF) during a period popularly known here as the “IMF crisis.’’