S. Korea’s foreign reserves reach $420b in Sep. ’24 – BOK

By Nada Ali On Oct 7, 2024

South Korea’s official foreign reserves reached $420.0 billion at the end of September 2024, the Bank of Korea (BOK) reported on Monday.

The reserves consist primarily of securities, valued at $373.3 billion, followed by deposits at $22.3 billion, Special Drawing Rights (SDRs) at $15.3 billion, gold at $4.8 billion, and the country’s IMF position at $4.3 billion.

Attribution: Bank of Korea report

Subediting: M. S. Salama

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Bank of Korea Bank of Korea (BOK)South Korea South Korea's foreign reserves Special Drawing Rights (SDRs)