South Korea's foreign exchange reserves fell for a third consecutive month to $447.71 billion in May from $449.30 billion in the previous period, the lowest since March 2021 because of dollar-selling intervention to support the local currency. source: The Bank of Korea

Foreign Exchange Reserves in South Korea averaged 130963.05 USD Million from 1971 until 2022, reaching an all time high of 469210 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 July of 2022.

Foreign Exchange Reserves in South Korea is expected to be 493441.00 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 561540.00 USD Million in 2023, according to our econometric models.

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South Korea Foreign Exchange Reserves



Calendar GMT Actual Previous Consensus TEForecast
2022-05-03 09:00 PM Apr $449.3B $457.81B $458.2B
2022-06-06 09:00 PM May $447.71B $449.3B
2022-07-04 09:00 PM Jun $447.71B $443.2B


Related Last Previous Unit Reference
Interest Rate 1.75 1.50 percent May 2022
Interbank Rate 2.27 2.27 percent Jul 2022
Money Supply M1 1370039.30 1374255.00 KRW Billion Apr 2022
Money Supply M0 162181000.00 160550100.00 KRW Million Apr 2022
Money Supply M2 3656057.60 3644068.00 KRW Billion Apr 2022
Money Supply M3 4977731.70 4960391.90 KRW Billion Apr 2022
Foreign Exchange Reserves 447711.10 449297.70 USD Million May 2022
Loans to Private Sector 11191639.00 11060280.00 KRW Hundred Million May 2022
Lending Rate 2.75 2.75 percent Jul 2022
Central Bank Balance Sheet 563775.70 593177.20 KRW Billion Apr 2022
Foreign Stock Investment 940574.20 992148.90 USD Million Mar 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
447711.10 449297.70 469210.00 564.50 1971 - 2022 USD Million Monthly
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