South Korea's foreign reserves stood at $415.4 billion as of the end of November 2024, a slight increase compared to the previous month, as per a statement published by the Bank of Korea (BOK) on Wednesday. The majority of the foreign reserves, approximately 89.6 per cent, were invested in securities. Deposits accounted for 4.6 per cent, Special Drawing Rights (SDRs) 3.6 per cent, gold 1.2 per cent, and the country's IMF position 1.0 per cent. With these reserves, South Korea maintained its position as the ninth-largest holder of foreign reserves globally, as of October 2024. Attribution: The Bank of Korea report Subediting: M. S. Salama
