Foreign reserves rise for fourth consecutive month

By Jang Sun-a Posted : October 10, 2025, 08:55 Updated : October 10, 2025, 15:36
Bundles of new banknotes are stacked at the Bank of Korea on Sept. 30, 2025.
SEOUL, October 10 (AJP) - South Korea's foreign reserves rose by about $6 billion in September, extending their growth streak for the fourth consecutive month since June.

According to data released by the Bank of Korea on Thursday, the reserves stood at $422.02 billion at the end of September, up $5.73 billion from the previous month.

A Bank of Korea official attributed the increase to higher investment returns and a rise in foreign currency deposits at financial institutions.

Breaking down the reserves, securities such as government and corporate bonds increased by $12.25 billion to $378.42 billion. Deposits fell by $6.47 billion to $18.54 billion. Special drawing rights (SDRs), an international reserve asset held with the International Monetary Fund, remained unchanged at $15.78 billion, while gold holdings also stayed steady at $4.79 billion.

As of the end of August, South Korea ranked 10th in the world in terms of foreign reserves, with China leading at $3.32 trillion, followed by Japan, Switzerland, India, Russia, Taiwan, Germany, Saudi Arabia, and Hong Kong.

* This article, published by Aju Business Daily, was translated by AI and edited by AJP.

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