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.
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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.

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China sees opportunity for yuan internationalization as US Treasury volatility increases, with growing yuan settlement share amid global financial market instability
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China - 'US Treasury Volatility Increases... Opportunity for Yuan Internationalization'

China sees opportunity for yuan internationalization as US Treasury volatility increases, with growing yuan settlement share amid global financial market instability

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