Yonhap News AgencyDecember 6, 2013 00:33
SEOUL, Dec. 6 (Yonhap) -- Foreign currency deposits at South Korean banks rose to another record high in November following those of the previous month, due to a hike in yuan-denominated deposits, the central bank said Friday.
Outstanding foreign currency-denominated deposits held by residents reached US$48.61 billion as of end-November, up $2.49 billion from a month earlier, according to the Bank of Korea.
Residents include local citizens, foreigners staying here for more than six months and foreign companies. The data exclude inter-bank foreign currency deposits.