SEOUL, July 24 (Xinhua) — South Korea’s overseas foreign money deposit rose for the second straight month in June owing to stable demand for the U.S. and Japanese currencies, central financial institution information confirmed Monday.
The deposit, denominated in foreign exchange, stood at 99.83 billion U.S. {dollars} on the finish of June, up 3.04 billion {dollars} from a month earlier, in keeping with the Bank of Korea (BOK).
The deposit, denominated within the U.S. dollar, gained 1.15 billion {dollars} from a month earlier to 83.44 billion {dollars} on the finish of June.
The Japanese yen deposit jumped 1.23 billion {dollars} to 7.48 billion {dollars}, marking the quickest month-to-month improve.
The euro deposit grew 0.35 billion {dollars} to six.09 billion {dollars}, and the Chinese yuan deposit expanded 0.32 billion to 1.6 billion {dollars}.
Foreign foreign money deposit, owned by firms, added 2.51 billion {dollars} to 85.18 billion {dollars} within the cited month, whereas the individual-possessed deposit climbed 0.53 billion {dollars} to 14.65 billion {dollars}.