South Korea Foreign Exchange Reserves

Last Release

Aug 31, 2024

Actual

415,920

Units In

USD Million

413,510

Frequency

Monthly

Next Release

Oct 03, 2024

Time to Release

28 Days 14 Hours

Highest	Lowest	Average	Date Range	Source
469,210 Oct 2021	564.5 Apr 1972	143,106.87 USD Million	1971-2024	The Bank of Korea

In South Korea, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.

Latest Updates

South Korea's foreign exchange reserves went up to $415.9 billion in August 2024, from $413.5 billion in the prior month. It was the highest reading since March mostly due to increases in Securities which rose to $369.4 billion from $367 billion in July. SDRs also increased ($15.2 billion from $14.9 billion in July), while deposits decreased to $22 billion from $122.4 billion, and the IMF reserve position remained steady at $4.4 billion.