S. Korea’s foreign reserves hit $415.7b in Oct. ’24

South Korea’s foreign reserves hit $415.7 billion by October 2024, with securities making up 89.8 per cent of the total at $373.2 billion.

The country’s deposits constituted $18.4 billion (4.4 per cent), Special Drawing Rights (SDRs) held $15.0 billion (3.6 per cent), gold reserves amounted to $4.8 billion (1.2 per cent), and the country’s IMF position was valued at $4.2 billion (1.0 per cent).

Attribution: Bank of Korea report

Subediting: Y.Yasser