Foreign exchange reserves excluding gold reached 384 USD bil in 2017 in South Korea, according to the National Statistical Office. This is 4.95 % more than in the previous year.
Historically, foreign exchange reserves excluding gold in South Korea reached an all time high of 384 USD bil in 2017 and an all time low of 0.130 USD bil in 1963. When compared to South Korea's main peers, foreign exchange reserves excluding gold in China amounted to 3,159 USD bil, 1,232 USD bil in Japan and 49.1 USD bil in Vietnam in 2017.
South Korea has been ranked 6th within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 1 places above the position seen 10 years ago.
FX reserves in a strict sense are "only" the foreign currency deposits and bonds held by central banks and monetary authorities.