S. Korea's foreign reserves drop in May on FX market-stabilizing measures
South Korea's foreign reserves decreased in May due to measures aimed at stabilizing the foreign exchange market. The reserves totaled $426.99 billion, reflecting a decline of $880 million from the previous month. This drop follows a period of volatility in the currency market, influenced by international tensions and foreign investor behavior.
- ▪South Korea's foreign reserves fell to $426.99 billion at the end of May.
- ▪The decline of $880 million was attributed to market stabilization measures by authorities.
- ▪The Korean won has been trading above 1,500 won against the U.S. dollar since mid-May.
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Facebook X More Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. OK S. Korea's foreign reserves drop in May on FX market-stabilizing measures Kim Boram All News 06:00 June 04, 2026 SHARE Facebook X Pinterest Linked in Tumblr Reddit Facebook Messenger Copy URL URL is copied. LIKE SAVE PRINT FONT SIZE ABCDEFG ABCDEFG ABCDEFG ABCDEFG ABCDEFG SEOUL, June 4 (Yonhap) -- South Korea's foreign reserves fell slightly last month amid efforts by authorities to manage exchange rate volatility, the central bank said Thursday. The country's foreign reserves stood at US$426.99 billion as of end-May, down $880 million from a month earlier, according to data from the Bank of Korea (BOK).
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