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    MarketForces Africa » MarketForces News » South Korea FX Reserves Surge to $427.4bn in June

    South Korea FX Reserves Surge to $427.4bn in June

    Julius AlagbeBy Julius AlagbeJuly 4, 2026 News No Comments1 Min Read
    South Korea FX Reserves Surge to $427.4bn in June
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    South Korea FX Reserves Surge to $427.4bn in June

    South Korea’s foreign exchange reserves rose to $427.4 billion at the end of June 2026 from $427.0 billion in May, marking a modest increase in the country’s external buffers.

    The country’s external reserve stock remained heavily concentrated in securities, which accounted for $380.3 billion, or 89.0% of total holdings.

    Deposits stood at $22.3 billion (5.2%), followed by Special Drawing Rights (SDRs) at $15.6 billion (3.7%), gold reserves at $4.8 billion (1.1%), and the country’s reserve position at the IMF at $4.3 billion (1.0%). #South Korea FX Reserves Surge to $427.4bn in June#

    Naira Little Changed as Forex Market Activities Ease

    FX Reserves South Korea
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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