Korean Won

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

Join the Rise of Asia.  Share a Story, Article or Photo here.  For Press Release, visit here.

About The Wealth Times

The Wealth Times is the premier economic & financial media for Asia. Covering Asia’s most relevant developments in economy, business and finance. Asia is the world’s fastest growing economy with GDP exceeding $25 trillion and powered by 4.4 billion people.

Where should you invest your capital for the next decade?  Which are the fastest growing companies in Asia?  Which is the most exciting sector to be in?  Which are the top cities to be in?  Which country has new economic policies? Who are the most influential leaders? Who are the top business leaders?