Foreign Exchange Reserves in South Korea increased to 416530 USD Million in July from 410750 USD Million in June of 2020.

Foreign Exchange Reserves in South Korea averaged 119157.13 USD Million from 1971 until 2020, reaching an all time high of 416530 USD Million in July 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 August of 2020. source: The Bank of Korea

Foreign Exchange Reserves in South Korea is expected to be 413200.00 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 416091.00 in 12 months time. In the long-term, the South Korea Foreign Exchange Reserves is projected to trend around 420454.00 USD Million in 2021 and 426271.00 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
416530.00 410750.00 416530.00 564.50 1971 - 2020 USD Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-05-06 09:00 PM Apr $403.98B $400.21B $401.5B
2020-06-02 09:00 PM May $407.31B $403.98B $403.9B
2020-07-02 09:00 PM Jun $410.75B $407.31B $414.91B $411.7B
2020-08-04 09:00 PM Jul $416.53B $410.75B $411.2B
2020-09-02 09:00 PM Aug $416.53B
2020-10-06 09:00 PM Sep $413.2B
2020-11-03 09:00 PM Oct
2020-12-02 09:00 PM Nov

South Korea Money Last Previous Highest Lowest Unit
Interest Rate 0.50 0.50 5.25 0.50 percent [+]
Money Supply M0 125460500.00 124403800.00 125460500.00 11200.00 KRW Million [+]
Money Supply M1 1079379.10 1049094.20 1079379.10 260.40 KRW Billion [+]
Interbank Rate 0.58 0.58 6.14 0.58 percent [+]
Money Supply M2 3077154.10 3055556.90 3077154.10 590.60 KRW Billion [+]
Money Supply M3 4319345.50 4301571.70 4319345.50 57007.90 KRW Billion [+]
Foreign Exchange Reserves 416530.00 410750.00 416530.00 564.50 USD Million [+]
Loans to Private Sector 9550666.00 9466903.00 9550666.00 2603700.00 KRW Hundred Million [+]
Deposit Interest Rate 1.19 1.34 19.50 1.19 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 566929.80 550601.50 566929.80 310.30 KRW Billion [+]
Foreign Stock Investment 620784.20 741314.20 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.