The Bank of Korea published updated official foreign reserve statistics showing Korea held USD 423.7 billion at end-March 2026, down USD 4.0 billion from end-February. Reserves were mainly held in securities, with smaller allocations to deposits, Special Drawing Rights (SDRs), gold, and the country’s International Monetary Fund (IMF) position. Securities totalled USD 377.7 billion (89.2%), followed by deposits of USD 21.1 billion (5.0%), SDRs of USD 15.6 billion (3.7%), gold of USD 4.8 billion (1.1%) and the IMF position of USD 4.5 billion (1.1%). Over March, securities fell USD 2.3 billion and deposits declined USD 1.4 billion, while SDRs decreased by USD 0.2 billion, gold was unchanged, and the IMF position fell by USD 0.1 billion; the release also notes that Korea ranked 12th globally in foreign reserve holdings as of end-February 2026.
Bank of Korea 2026-04-03
Bank of Korea reports official foreign reserves at USD 423.7 billion at end-March 2026
The Bank of Korea reported that official foreign reserves stood at USD 423.7 billion at end-March 2026, down USD 4.0 billion from end-February, with Korea ranking 12th globally in foreign reserve holdings as of end-February 2026. Reserves remained concentrated in securities at USD 377.7 billion (89.2%), with smaller holdings in deposits, Special Drawing Rights, gold and the International Monetary Fund position, all of which were flat or slightly lower over the month.