Korea’s foreign exchange reserves reach its lowest level in 5 years

Seoul on May 8/ WAM/ Data issued by the Central Bank of Korea showed today, Thursday, that the foreign exchange reserves of the Republic of Korea recorded a decrease last April to reach its lowest level in 5 years amid weak local currency.

The Korean “Yonhap” news agency reported that the country’s foreign currencies reserves $ 404.67 billion until the end of April, an increase of $ 4.99 billion over the previous month, according to data issued by the Central Bank of Korea.

This amount represents its lowest level since April 2020, when he recorded 404.98 billion dollars.

– Khal –

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