Foreign currency reserves amounted to 463.12 billion U.S. dollars at the end of December, down 0.79 billion dollars from a month earlier, according to the Bank of Korea (BOK).
After reaching a record monthly high in October, the foreign reserves continued to slide for the second consecutive month owing to the repayment of the foreign exchange stabilization bond.
The country's foreign reserves were composed of 421.69 billion dollars of securities, 16.63 billion dollars of deposits, 4.79 billion dollars of gold bullion, 15.37 billion dollars of special drawing rights and 4.63 billion dollars of the IMF position.
South Korea was the world's ninth-largest holder of foreign reserves at the end of November, one notch down from a month earlier.
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