Foreign Exchange Reserves in South Korea increased to 426510 USD Million in October from 420545.10 USD Million in September of 2020. source: The Bank of Korea

Foreign Exchange Reserves in South Korea averaged 120676.42 USD Million from 1971 until 2020, reaching an all time high of 426510 USD Million in October of 2020 and a record low of 564.50 USD Million in April of 1972. This page provides the latest reported value for - South Korea Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Foreign Exchange Reserves - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Foreign Exchange Reserves in South Korea is expected to be 421192.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Exchange Reserves in South Korea to stand at 427171.00 in 12 months time. In the long-term, the South Korea Foreign Exchange Reserves is projected to trend around 429166.00 USD Million in 2021 and 437158.00 USD Million in 2022, according to our econometric models.

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South Korea Foreign Exchange Reserves

Actual Previous Highest Lowest Dates Unit Frequency
426510.00 420545.10 426510.00 564.50 1971 - 2020 USD Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-04 09:00 PM Jul $416.53B $410.75B $411.2B
2020-09-02 09:00 PM Aug $418.95B $416.53B $417.4B
2020-10-06 09:00 PM Sep $420.55B $418.95B $417.9B
2020-11-03 09:00 PM Oct $426.51B $420.55B $419.5B
2020-12-02 09:00 PM Nov $426.51B $420.7B
2021-01-05 09:00 PM Dec
2021-02-04 10:00 PM Jan
2021-03-03 10:00 PM Feb

South Korea Money Last Previous Highest Lowest Unit
Interest Rate 0.50 0.50 5.25 0.50 percent [+]
Money Supply M0 133247800.00 127776000.00 133247800.00 11200.00 KRW Million [+]
Money Supply M1 1136215.90 1110243.90 1136215.90 260.40 KRW Billion [+]
Interbank Rate 0.68 0.68 6.14 0.57 percent [+]
Money Supply M2 3131821.30 3103778.80 3131821.30 590.60 KRW Billion [+]
Money Supply M3 4382207.20 4349167.50 4382207.20 57007.90 KRW Billion [+]
Foreign Exchange Reserves 426510.00 420545.10 426510.00 564.50 USD Million [+]
Loans to Private Sector 9752492.00 9660511.00 9752492.00 2603700.00 KRW Hundred Million [+]
Deposit Interest Rate 0.91 0.93 19.50 0.91 percent [+]
Private Debt To GDP 260.80 253.30 260.80 237.30 percent [+]
Lending Rate 1.50 1.50 2.50 1.50 percent [+]
Central Bank Balance Sheet 542632.10 537625.00 566929.80 310.30 KRW Billion [+]
Foreign Stock Investment 774919.80 702507.40 777115.40 34948.20 USD Million [+]


South Korea Foreign Exchange Reserves
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.