SEOUL (REUTERS) - South Korean President Moon Jae In's approval rating has improved after his administration brokered new talks with North Korea, rebounding from a hit it took in the run up to last month's Winter Olympics.

Mr Moon's approval rating stands at 71 per cent, the highest since mid-January, Gallup Korea reported on Friday (March 9).

Most of those who felt positive about Mr Moon pointed to the resumption of talks with North Korea and his security policy as reasons for their support.

The survey was completed before South Korean officials announced that US President Donald Trump and North Korean leader Kim Jong Un had agreed to meet personally, in what could be a potentially dramatic breakthrough in the North Korea nuclear standoff.

In January, Mr Moon's approval rating fell to a four-month low after a public backlash over reports his government would ban virtual currencies, and a decision for South and North Korea to field a joint ice hockey team at next month's Winter Olympics.