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[에너지경제신문 송두리 기자] Last month, Korea’s foreign exchange reserves increased by $610 million.
According to statistics on foreign exchange reserves announced by the Bank of Korea on the 4th, foreign exchange reserves as of the end of April stood at 426.68 billion dollars, up 610 million dollars from the end of the previous month (426.07 billion dollars).
Foreign exchange reserves increased for three consecutive months from November last year to January this year, then decreased in February, but rebounded in one month and increased for two consecutive months.
The Bank of Korea analyzed that foreign currency reserves increased due to the increase in foreign currency asset management profits and the US dollar conversion of foreign currency assets such as the euro due to the weakening US dollar. The US dollar index fell about 0.6% last month.
Dividing foreign exchange reserves by asset, deposits increased by $3.71 billion to $27.85 billion. SDR increased by $130 million to $14.93 billion. The IMF position (4.77 billion dollars), which is the right to withdraw convertible currency to the IMF (International Monetary Fund), increased by 20 million dollars.
On the other hand, securities such as government bonds and corporate bonds decreased by $3.25 billion from the previous month to $374.34 billion.
Since gold is expressed at the price at the time of purchase, not reflecting the market price, it maintained $4.79 billion, the same as the previous month.
As of the end of March, Korea’s foreign exchange reserves stood at 426.1 billion dollars, ranking ninth in the world.
The country with the most foreign exchange reserves is China, with $3.1839 trillion. It was followed by Japan ($1.2571 trillion), Switzerland ($894 billion), Russia ($593.9 billion), India ($578.4 billion), and Taiwan ($560.3 billion).
Reporter Song Doo-ri [email protected]
2023-05-03 21:00:00
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