The deposit, denominated in foreign currencies, stood at 96.79 billion U.S. dollars at the end of May, up 5.4 billion dollars from a month earlier, according to the Bank of Korea (BOK).
The dollar and the euro deposits climbed as companies temporarily deposited foreign direct investment funds and dividends from overseas subsidiaries.
The deposit, denominated in the U.S. dollar, gained 3.09 billion dollars from a month earlier to 82.29 billion dollars at the end of May.
The euro deposit grew 1.29 billion dollars to 5.74 billion dollars, and the Japanese yen deposit expanded 0.93 billion dollars to 6.25 billion dollars.
The Chinese yuan deposit came to 1.28 billion dollars at the end of May, up 50 million dollars from a month earlier.
Foreign currency deposit, owned by companies, soared 5.13 billion dollars to 82.67 billion dollars in the cited month, while the individuals-possessed deposit added 0.27 billion dollars to 14.12 billion dollars.
Latest comments