South Korea's Yonhap News Agency reported that Korean exports fell 10.3 percent year-on-year in January to $49.1 billion, after 15 consecutive months of increases, citing the country's Ministry of Trade, Industry and Energy.

The Republic of Korea's foreign exchange reserves increased in December from the previous month, but ended the year at their lowest level in five years, according to South Korea's central bank data released today, Monday, January 6.