Other Stories

Full Video

S. Korea's foreign exchange reserves fall to US$ 438.3 bil. in June Updated: 2022-07-05 13:40:10 KST

South Korea's foreign exchange reserves fell in June for a fourth month in a row, and it was the biggest decline since the 2008 global financial crisis.
The Bank of Korea said Tuesday that FX reserves, a barometer of financial stability, came to around four-hundred-38-billion U.S. dollars.
That's down about nine.four billion dollars on-month.
The BOK attributed the decline to the stronger dollar affecting non-dollar assets.
It's also due to a fall in deposits at financial institutions.
Around 90 percent of South Korea's FX reserves are securities.
As of the end of May, South Korea's reserves were the ninth largest in the world.
KOGL : Korea Open Government License
본 저작물 중 본문에 해당하는 뉴스 스크립트(텍스트)는 공공누리 제1유형-출처표시 조건에 따라 이용할 수 있습니다.