South Korea FX Reserves Surge to $427.4bn in June

South Korea’s foreign exchange reserves increased to $427.4 billion by the end of June 2026, up slightly from $427.0 billion in May, reflecting a marginal strengthening of the nation’s external financial buffers.

The reserves were predominantly composed of securities, which totaled $380.3 billion and represented 89.0% of the overall portfolio. Deposits accounted for $22.3 billion (5.2%), followed by Special Drawing Rights (SDRs) at $15.6 billion (3.7%), gold reserves at $4.8 billion (1.1%), and the country’s reserve position at the International Monetary Fund (IMF) at $4.3 billion (1.0%).

This allocation underscores South Korea’s continued emphasis on liquid and diversified assets to manage external economic uncertainties.

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