Foreign currency deposits rise to fresh record high in September

Korea Times News ·
Economy Markets South Korea
South Korea

Foreign currency deposits in Korea rose to a fresh record high in September, driven by a sharp increase in dollar savings, central bank data showed Wednesday. Outstanding foreign currency-denominated deposits held by residents stood at $154.7 billion at the end of September, up $14 billion from a month earlier, according to findings by the Bank of Korea (BOK). It marked the highest level since…

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