Foreign currency deposits increased by $3.87 billion in July… The dollar increased, and the yen decreased.

Dollar deposits increased by $4.57 billion due to inflow of investor deposits,
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[Yonhap News material photo],
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, ‘ (Seoul=Yonhap News) By Han Jihoon – Foreign currency deposits for residents increased by nearly $3.9 billion last month.’,
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, ” According to the Bank of Korea’s ‘Trends in Foreign Currency Deposits for Residents’ released on the 23rd, the balance of foreign currency deposits by foreign exchange banks for residents stood at $94.44 billion at the end of July, up by $3.87 billion from the end of June.”,
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, ‘ After five consecutive months of decline since January, the balance has been increasing since June, marking the second consecutive month of growth.’,
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, ‘ Resident foreign currency deposits refer to foreign currency deposits of domestic individuals, domestic companies, foreigners residing in Korea for more than six months, and foreign companies entering Korea.’,
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, ‘ By currency type, U.S. dollars ($78.04 billion) increased by $4.57 billion.’,
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, ‘ The increase in dollar deposits was attributed to temporary deposits of trading receipts and foreign currency bond issuance funds, as well as inflows of securities firms’ investor deposits, according to the BOK.’,
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, ‘ Euro deposits ($41.3 billion) decreased by $0.44 billion due to net selling of spot foreign exchange by some companies, while Japanese yen ($10.1 billion) decreased by $0.03 billion due to payment of trade receipts.’,
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, ‘ In terms of entities, corporate deposits ($79.33 billion) increased by $3.85 billion in a month, and individual deposits ($15.11 billion) also increased by $0.02 billion.’,
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