South Korea: Foreign exchange reserves
* indicates monthly or quarterly data series
| South Korea |
Foreign exchange reserves, billion currency units |
|---|---|
| Latest value | 425.3 |
| Reference | February 2023 |
| Measure | billion U.S. Dollar |
| Source | Korean Economic Statistics System |
For that indicator, we provide data for South Korea from January 1960 to February 2023. The average value for South Korea during that period was 110.63 billion U.S. Dollar with a minimum of 0.11 billion U.S. Dollar in June 1963 and a maximum of 469.2 billion U.S. Dollar in October 2021.
Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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Measure: billion U.S. Dollar
Source: Korean Economic Statistics System
Source: Korean Economic Statistics System
Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.