ForexMedium•4 November 2026•
1 min read
South Korea Foreign Reserves Rise to $443.16 Billion in October
Key Facts
1South Korea's foreign exchange reserves increased by $2.6 billion to reach $443.16 billion at the end of October.
2The country's global ranking for foreign reserves rose two notches to 9th place.
South Korea's foreign exchange reserves increased by $2.6 billion to reach $443.16 billion at the end of October 2026. news.sbs.co.kr reported that the country's global ranking for foreign reserves rose two notches to 9th place following this increase.
The Bank of Korea attributed the rise to investment returns on foreign currency assets and a $6.32 billion surge in foreign currency deposits by financial institutions. This data follows an annual inflation rate of 2.8% recorded in October 2026 and a 93.7% year-on-year increase in exports on November 1, 2026.