Finance Minister Choo Kyung-ho is concerned about 2023 growth as he remains generally sanguine and doesn't anticipated stagflation or a repeat of the 1997 crisis.
According to the Bank of Korea, Korea’s foreign reserves in May amounted to $447.7 billion, nearly $1.6 billion less than in April. Korea’s foreign reserves have been shrinking for three straight months.
According to the Bank of Korea, the foreign exchange reserve at the end of October amounted to $469.2 billion — a new record. Korea’s FX reserve has been breaking records for the last four months.
Korea JoongAng Daily Sitemap