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For First Time Ever, S. Korean Investment in Foreign Securities Exceeds Foreign Investment in Korean Securities

Written: 2024-11-20 15:39:41Updated: 2024-11-20 16:08:58

For First Time Ever, S. Korean Investment in Foreign Securities Exceeds Foreign Investment in Korean Securities

Photo : YONHAP News

New data compiled by the Bank of Korea(BOK) shows that foreign securities investment by domestic residents exceeded foreign investment in domestic securities for the first time ever in the third quarter. 

According to the BOK’s International Investment Position for the third quarter, released Wednesday, domestic residents’ investment in foreign securities grew 64-point-six billion dollars from the second quarter to stand at 996-point-nine billion dollars. 

But foreign investment in domestic securities stood at 957-point-five billion dollars. 

As a result, the nation saw a record two-point-513 trillion dollars in external financial assets for the fourth quarter.

That’s up more than 118 billion won from the previous quarter and a record figure for the fourth consecutive quarter.

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