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.