SEOUL, Aug. 20 (Xinhua) -- South Korea's foreign debts rose in the second quarter due to an increase in both short- and long-term debts, central bank data showed Thursday.
The external debts stood at 812.8 billion U.S. dollars at the end of June, up 38.4 billion dollars from three months earlier, according to the Bank of Korea (BOK).
The short-term foreign debts with a maturity of less than one year swelled 15.0 billion dollars to 198.5 billion dollars, while the long-term external liabilities mounted 23.5 billion dollars to 614.3 billion dollars.
The ratio of short-term foreign debts to the total external liabilities gained 0.7 percentage points from three months earlier to 24.4 percent at the end of June.
The ratio of short-term external debts to foreign currency reserves climbed 3.1 percentage points to 46.5 percent.
The net external credit, or external credit minus foreign debts, grew 2.3 billion dollars to 367.8 billion dollars during the April-June quarter, marking the first rebound in three quarters. ■