Whereby, foreign exchange reservesof this country reached 446.1 billion USD as of the end of March 2021, down 1.43 billion USD from the previous month. Foreign exchange reserves include securities and deposits in foreign currencies, IMF reserve positions, special drawing rights and gold bars.

Foreign exchange reserves fell last month due to a strong dollar reducing its dollar-denominated value. Foreign securities reached $ 406 billion at the end of March 2021, down 3.68 billion USD from the previous month and accounting for 91% of foreign exchange reserves, but deposits increased by 2.54 billion USD MoM to 27, $ 3 billion and gold reserves are unchanged at $ 4.79 billion.

As of the end of February 2021, Korea was the country with the eighth largest foreign exchange reserves in the world, up one level from the previous month. This is the first time since March 2019, the country’s foreign exchange reserves are ranked eighth in the world.