s korean banks’ foreigncurrency deposits decline in november
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Last Updated : GMT 05:17:37
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S Korean banks’ foreign-currency deposits decline in November

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Emiratesvoice, emirates voice S Korean banks’ foreign-currency deposits decline in November

Seoul - QNA

Foreign currency deposits at South Korean banks fell in November from the previous month’s record high as local firms withdrew money to cover import bills, the central bank said Monday. Outstanding foreign currency-denominated deposits held by local residents reached US$38.38 billion as of the end of November, down $1.01 billion from the previous month, according to the Bank of Korea (BOK).

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