Foreign Exchange Reserves Inch Up to $427.8 Billion

As of the end of April, South Korea's foreign exchange reserves were tallied at $427.88 billion. This represents an increase of $4.22 billion compared to the end of the previous month.

The Bank of Korea explained that the increase in foreign exchange reserves was due to a rise in the US dollar conversion value of foreign assets denominated in other currencies and the reflection of investment gains. Securities accounted for $384.07 billion of the foreign exchange reserves, making up 89.8% of the total.

As of the end of March 2026, South Korea's foreign exchange reserves ranked 12th globally. China held the top spot with $3.3421 trillion, followed by Japan, Switzerland, Russia, and India.