Foreign Exchange Reserves in South Korea increased to 408820 USD Million in December from 407460 USD Million in November of 2019.

Foreign Exchange Reserves in South Korea averaged 115715.79 USD Million from 1971 until 2019, reaching an all time high of 408820 USD Million in December of 2019 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. source: The Bank of Korea

Foreign Exchange Reserves in South Korea is expected to be 410274.00 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 414637.00 in 12 months time. In the long-term, the South Korea Foreign Exchange Reserves is projected to trend around 426271.00 USD Million in 2020, according to our econometric models.

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South Korea Foreign Exchange Reserves

Actual Previous Highest Lowest Dates Unit Frequency
408820.00 407460.00 408820.00 564.50 1971 - 2019 USD Million Monthly
Current Prices, NSA

Calendar GMT Actual Previous Consensus TEForecast
2019-10-03 09:00 PM Sep $403.32B $401.48B $402.74B $ 402.5B
2019-11-04 09:00 PM Oct $406.32B $403.32B $402.11B $403.1B
2019-12-03 09:00 PM Nov $407.5B $406.32B $408.15B $403.5B
2020-01-05 09:00 PM Dec $408.82B $407.46B $408.5B
2020-02-05 09:00 PM Jan $408.82B $408.3B


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.