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