Yonhap Infomax NewsSouth Korea's resident foreign currency deposits jumped by $5.08 billion in June, the largest increase since January 2023, driven by pension fund overseas investments and corporate trade settlements, according to Bank of Korea data.
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June Foreign Currency Deposits Rise by $5.08 Billion—'Driven by Pension Fund Overseas Investments and Trade Settlement Deposits'
South Korea's resident foreign currency deposits jumped by $5.08 billion in June, the largest increase since January 2023, driven by pension fund overseas investments and corporate trade settlements, according to Bank of Korea data.