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Foreign currency deposits fall for 2nd month in Feb.: BOK
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Updated 2 hours ago
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Quick Summary
Foreign currency deposits in South Korea fell for the second straight month in February, due to a decline in both individual and corporate deposits, central bank data showed Monday. Outstanding foreign currency-denominated deposits held by residents stood at $117.53 billion at the end of February, down $490 million from a month earlier, according to the data from the Bank of Korea. In January, foreign currency deposits fell for the first time since the first on-month decline in October, followin