Korea Foreign Reserves at $376.6 Billion in April 2017
Seoul | 4th May 2017
Korea’s official foreign reserves as of end of April 2017 tallied $376.6 billion. The foreign reserves consisted of securities valued at 339.3 billion dollars (90.1%), deposits of 27.8 billion dollars (7.4%), gold of 4.8 billion dollars (1.3%), SDRs of 3.0 billion dollars (0.8%), and the country’s IMF reserve position of 1.7 billion dollars (0.5%).
” Korea Foreign Reserves at US$376.6 Billion “
As of the end of March 2017, Korea’s foreign reserve holdings is ranked the eight largest in the world. China has the largest foreign reserve holdings in the world.
Official Press Release by Bank of Korea
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