Foreign Exchange Reserves in South Korea decreased to $414.01 billion in October from $416.77 USD Million in the previous month. Securities decreased from $379 BB to $362 BB, while deposits increased from $14.19 BB to $28.29 BB. The IMF reserve position ($4.26 BB), special drawing rights ($14.31 BB), and gold ($4.79 BB) remained nearly constant. The gain in deposits represented the greatest MoM increase (+99%). source: The Bank of Korea

Foreign Exchange Reserves in South Korea averaged 133357.40 USD Million from 1971 until 2022, reaching an all time high of 469210.00 USD Million in October of 2021 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 2022.

Foreign Exchange Reserves in South Korea is expected to be 430000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Foreign Exchange Reserves is projected to trend around 450000.00 USD Million in 2023 and 460000.00 USD Million in 2024, according to our econometric models.

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South Korea Foreign Exchange Reserves

Calendar GMT Actual Previous Consensus TEForecast
2022-10-05 09:00 PM Sep $416.77B $436.43B
2022-11-02 09:00 PM Oct $414.01B $416.77B $410B
2022-12-04 09:00 PM Nov $414.01B $411B

Related Last Previous Unit Reference
Interest Rate 3.25 3.00 percent Nov 2022
Interbank Rate 4.06 4.06 percent Nov 2022
Money Supply M1 1316869.30 1338572.60 KRW Billion Sep 2022
Money Supply M0 166373000.00 165188200.00 KRW Million Sep 2022
Money Supply M2 3745708.50 3738504.00 KRW Billion Sep 2022
Money Supply M3 5076018.30 5070068.20 KRW Billion Sep 2022
Foreign Exchange Reserves 414010.00 416770.00 USD Million Oct 2022
Loans to Private Sector 11691637.00 11554608.00 KRW Hundred Million Oct 2022
Lending Rate 4.25 4.25 percent Nov 2022
Central Bank Balance Sheet 581762.10 606387.10 KRW Billion Sep 2022
Foreign Stock Investment 717253.00 802823.00 USD Million Sep 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
414010.00 416770.00 469210.00 564.50 1971 - 2022 USD Million Monthly
Current Prices, NSA