Foreign currency reserves stood at 423.16 billion U.S. dollars at the end of December, up 7.06 billion dollars from a month earlier, according to the Bank of Korea (BOK).
The weak dollar increased the conversion value of non-dollar assets. The dollar index, which gauges the dollar value versus six major peers, declined 2.8 percent last month.
The country's foreign reserves were composed of 369.69 billion dollars of securities, 29.35 billion dollars of deposits, 14.84 billion dollars of special drawing rights, 4.79 billion dollars of gold bullion and 4.49 billion dollars of the IMF position.
South Korea was the world's ninth-largest holder of foreign reserves at the end of November, unchanged from the previous month.
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