S. Korea's foreign currency deposits surge last month


(MENAFN) The central bank data announced that foreign currency deposits held by banks operating in South Korea have seen a jump in the past month compared with June.

Moreover, the Bank of Korea added outstanding foreign currency deposits made by local lenders have accounted for USD69.11 billion in July, marking a $5.5 billion increase from a month earlier.

Never the less, S. Korean foreign currency deposits held by domestic banks have reached USD59.38 billion in the said era, rose from USD54.44 billion tailed in June.

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