Korea's foreign exchange reserves drop in March

SEOUL,, (UrduPoint / Pakistan Point News / WAM - 03rd Apr, 2026) South Korea's foreign reserves posted their sharpest monthly decline in about a year in March amid a stronger Dollar and authorities' efforts to manage exchange rate volatility, the central bank said Friday.

Yonhap news Agency reported that the country's foreign reserves stood at US$423.

66 billion as of end-March, down $3.97 billion from a month earlier, according to the data from the Bank of Korea (BOK).

It was the sharpest decline since April 2025, when the amount fell by $4.99 billion on-month.

The reserves had fallen in December for the first time since June and continued to decline through January before rising in February.