(Seoul=NSP NEWS) = As of the end of May, South Korea’s foreign exchange reserves stood at 404.6 billion dollars (approximately 548.678 trillion KRW), marking a decrease of 70 million dollars (around 94.955 billion KRW) from the previous month. This is the lowest level recorded in five years and one month. According to the “Foreign Exchange Reserves as of the End of May 2025” report released by the Bank of Korea on June 5, the reserves slightly declined despite increased investment income, mainly due to a reduction in foreign currency deposits held by financial institutions.
The composition of South Korea’s foreign exchange reserves includes 359.97 billion dollars in securities (89%), 19.69 billion dollars in deposits (4.9%), 15.68 billion dollars in Special Drawing Rights (3.9%), 4.79 billion dollars in gold (1.2%), and 4.46 billion dollars in IMF reserve position (1.1%). Among these, deposits saw a significant drop of 3.55 billion dollars compared to the previous month.
As of the end of April, South Korea ranked 10th globally in terms of foreign exchange reserves. In March, it was overtaken by Hong Kong, falling to 10th place for the first time since 2000, when such rankings began to be compiled.
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