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.