Tag: foreign reserve

foreign reserve

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Foreign currency deposits rise for third month in June

Foreign currency deposits rose on increased dollar savings, with outstanding foreign currency-denominated deposits held by residents standing at $113.33 billion in June.

2026.7.27

"외환보유액 더 쌓지 않으면 외환위기 재발할 수도" 경제학자 경고

2026.7.15

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Korea could slip into another currency crisis without larger foreign reserves, economist warns

As the won hovers near 1,500 per dollar, some experts are urging the central bank to sharply raise its greenback holdings to guard against future turmoil.

2026.7.9

Korea's foreign reserves rise in June despite market-stabilizing measures

The Bank of Korea attributed the monthly increase to a rise in foreign currency-denominated deposits by financial institutions.

2026.7.3

Bank of Korea Governor nominee Shin Hyun-song arrives at his office in Jung District, central Seoul, on April 13 to prepare for his upcoming hearing session. [NEWS1]

BOK governor nominee says won's weakness not a 'crisis' given Korea's large foreign reserves

Shin Hyun-song, the Bank of Korea governor nominee, said Monday that authorities stand ready to respond to excessive foreign exchange volatility if needed, though he added that the won's recent weakness does not signal a crisis.

2026.4.13

Korea's foreign reserves fall sharply in March, ranking drops to 12th globally

Korea's foreign reserves posted their sharpest monthly decline in about a year in March amid a stronger dollar and authorities' efforts to manage exchange rate volatility, the central bank said Friday.

2026.4.3

Employees move cash supplies to be distributed to commercial banks at the Bank of Korea headquarters in Jung District, central Seoul on Feb. 11. [YONHAP]

Foreign reserves rise for 1st time in 3 months in February: BOK

Korea's foreign reserves rose from a month earlier in February, marking the first increase in three months, driven by investment returns and the issuance of foreign currency-denominated Exchange Stabilization Fund (ESF) bonds.

2026.3.5

A banker checks dollar bills at Hana Bank's Counterfeit Notes Response Center in Seoul on Nov. 5, 2025. [YONHAP]

Korea's foreign reserves fall for 2nd month in January: BOK

Korea's foreign reserves fell for the second consecutive month in January amid government efforts to stabilize the foreign exchange market, the central bank said Wednesday.

2026.2.4

An official holds up dollar bills at Hana Bank's counterfeit response center in Jung District, central Seoul, on Dec. 17, 2025. [YONHAP]

Korea's foreign reserves fall for 1st time in 7 months in December: BOK

Korea's foreign reserves fell for the first time in seven months in December, the central bank said Tuesday, amid increased volatility in the foreign exchange market that prompted authorities to take a series of market stabilization measures.

2026.1.6

Foreign currency deposits fall in September on overseas investment: BOK

Foreign currency deposits in Korea declined in September on increased overseas investments by pension funds and corporate payments for trade settlements, central bank data showed Wednesday.

2025.10.29