Foreign Currency Deposits Decrease After Three Months... "Yuan, Dollar, Euro Deposits All Decrease"

[Financial News] The balance of resident foreign currency deposits fell for the first time in three months. Yuan deposits decreased by nearly 900 million dollars, the largest decrease, while dollar deposits decreased due to overseas investment execution by pension funds and euro deposits decreased due to the payment of current transaction funds.
According to the 'July 2025 Resident Foreign Currency Deposit Trends' announced by the Bank of Korea on the 27th, last month's domestic resident foreign currency deposits were tallied at 105.15 billion dollars. This is an increase of 1.29 billion dollars from a month ago, marking a decline for the first time in three months.
Resident foreign currency deposits refer to foreign currency deposits held domestically by Koreans, domestic companies, foreigners who have resided in Korea for more than six months, and foreign companies that have entered Korea.
The largest decrease was in yuan deposits. Last month's yuan deposits were 1.19 billion dollars, an increase of 890 million dollars from the previous month. This was due to the withdrawal of dividends received from overseas subsidiaries of some companies and the payment of current transaction funds.
Dollar deposits decreased by 420 million dollars due to overseas investment execution by pension funds, and euro deposits decreased by 140 million dollars due to the payment of current transaction funds by some companies. Yen deposits increased by 50 million dollars to 8.74 billion dollars, while deposits in other currencies such as British pounds and Australian dollars increased by 110 million dollars to 1.43 billion dollars.
By entity, corporate deposits decreased by 1.25 billion dollars to 90.42 billion dollars, and personal deposits decreased by 40 million dollars to 14.73 billion dollars. Domestic bank deposit balances decreased by 2.69 billion dollars to 89.22 billion dollars, while foreign bank branches increased by 1.4 billion dollars to 15.86 billion dollars.

eastcold@fnnews.com Kim Dong-chan Reporter