Most Popular
-
1
Heavy snow alerts issued in greater Seoul area, Gangwon Province; over 20 cm of snow seen in Seoul
-
2
Seoul blanketed by heaviest Nov. snow, with more expected
-
3
Seoul snowfall now third heaviest on record
-
4
Samsung shakes up management, commits to reviving chip business
-
5
NewJeans to terminate contract with Ador
-
6
Heavy snow of up to 40 cm blankets Seoul for 2nd day
-
7
How $70 funeral wreaths became symbol of protest in S. Korea
-
8
Hybe consolidates chairman Bang Si-hyuk’s regime with leadership changes
-
9
Why cynical, 'memeified' makeovers of kids' characters are so appealing
-
10
BOK makes surprise 2nd rate cut to boost growth
South Korea's net overseas assets hit an all-time high in the third quarter, mainly due to increased stock investments, central bank data showed Thursday.
The nation's external financial assets came to $1.81 trillion at the end of September, up $66 billion from a quarter earlier, according to preliminary data from the Bank of Korea (BOK).
Net international investment position came to $553.1 billion as of the end of September, down $100 million from a year earlier, the data showed.
The position refers to the difference between Korea's external financial assets and the domestic assets owned by foreigners. It serves as a measure of a country's external solvency.
South Korea's external debt stood at $461.4 billion as of end-September, $11.6 billion more than a quarter earlier.
Short-term foreign debt, which matures within one year, fell by $10.1 billion over the cited period, with long-term debt growing by $18.1 billion.
South Korea's short-term external debt accounted for 28.2 percent of its outstanding external liabilities.
The ratio of short-term foreign debt to foreign reserves stood at 34.3 percent at the end of September, down 3.3 percentage points from a quarter earlier. (Yonhap)
The nation's external financial assets came to $1.81 trillion at the end of September, up $66 billion from a quarter earlier, according to preliminary data from the Bank of Korea (BOK).
Net international investment position came to $553.1 billion as of the end of September, down $100 million from a year earlier, the data showed.
The position refers to the difference between Korea's external financial assets and the domestic assets owned by foreigners. It serves as a measure of a country's external solvency.
South Korea's external debt stood at $461.4 billion as of end-September, $11.6 billion more than a quarter earlier.
Short-term foreign debt, which matures within one year, fell by $10.1 billion over the cited period, with long-term debt growing by $18.1 billion.
South Korea's short-term external debt accounted for 28.2 percent of its outstanding external liabilities.
The ratio of short-term foreign debt to foreign reserves stood at 34.3 percent at the end of September, down 3.3 percentage points from a quarter earlier. (Yonhap)
