FX.co ★ South Korea's FX Reserves Slightly Decrease to $415.73 Billion in February

South Korea's foreign exchange reserves experienced a slight decrease in February, dropping to $415.73 billion from $415.76 billion in January 2024. The data, updated on March 5, 2024, indicates a marginal decline in the country's FX reserves. Despite the minor decrease, South Korea continues to maintain significant levels of foreign currency reserves, which play a crucial role in stabilizing the economy and supporting the local currency. The latest figures suggest that South Korea remains well-positioned to navigate potential economic challenges and external shocks in the global financial market.