International Finance Planning Team, International Department,
The Bank of Korea
Tel : 82-2-759-5843
Fax : 82-2-759-5736



Official Foreign Reserves
(End of July, 1999)


    Korea's usable official foreign reserves as end of July, 1999 were 64.0 billion dollars, a rise of 3.6 billion dollars compared to the month-end figure for June.

    Official foreign reserves including the Bank of Korea's deposits at overseas branches of domestic banks were 64.9 billion dollars.


 Trend of Official Foreign Reserves

(billion U.S dollars)          

As at the end of

1997

1998

1999

Dec.

Jun.

Dec.

Jan.

Feb.

Mar.

Apr.

May

Jun.

Jul.

Official Foreign Reserves(A)

20.4

40.9

52.0

53.6

55.5

57.5

59.3

61.4

62.0

64.9

Overseas Branch Deposits(B)

11.3

3.7

3.3

3.3

3.3

2.8

2.7

2.5

1.4

0.8

Others(C)

0.2

0.2

0.2

0.2

0.2

0.2

0.2

0.2

0.2

0.2

Usable Official
Foreign Reserves
A-(B+C) 

8.9

37.0

48.5

50.1

52.0

54.4

56.4

58.7

60.4

64.0

       


The Bank of Korea