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SEOUL, Sept. 3 (Xinhua) -- South Korea's foreign reserves reduced for the first time in 14 months, ending the 13th straight month of record-breaking trend, on lower conversion value of non- dollar assets such as the British pound and the European single currency, central bank data showed Wednesday.

Foreign reserves were 367.53 billion U.S. dollars as of end- August, down 0.49 billion dollars from a month earlier, according to the Bank of Korea (BOK).

It was the first reduction in 14 months after continuing to breach the prior record high for the 13th consecutive month. The foreign reserves have stayed above the 300-billion-dollar mark since April 2011 when it topped the level for the first time in the country's history.

Last month's reduction came as the pound and the euro depreciated against the U.S. dollar, leading to a decrease in non- dollar assets converted into the greenback. The euro fell 1.6 percent versus the dollar in August, with the pound declining 1.9 percent.

The nation's foreign reserves consisted of 335.18 billion dollars of securities, 21.73 billion dollars of deposits, 4.79 billion dollars of gold bullion, 3.44 billion dollars of special drawing rights and 2.39 billion dollars of International Monetary Fund positions.

As of end-July, South Korea was the world's 7th-largest holder of foreign reserves following China, Japan, Switzerland, Russia, China's Taiwan and Brazil.