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foreign currency deposits News

South Korea Faces Sharp Decline in Foreign Currency Deposits as Exchange Rates Skyrocket

Jessica Bennett 09 Apr, 2025

South Korea's foreign currency deposits are rapidly declining due to surging exchange rates, with experts warning of further depreciation and potential economic interventions amids...

Economy

Corporate Dollar Reserves Surge as Trump's Policies Fuel Market Uncertainty

Ryan Peterson 21 Jan, 2025

Following President Trump's inauguration, corporate foreign currency deposits surged by over $3.1 billion, driven by market uncertainties. The Bank of Korea reports a significant r...