South Korea’s Foreign Currency Deposits Rebound in October, Driven by Export-Related Inflows
South Korea’s foreign currency deposits witnessed a significant recovery in October, marking a notable resurgence fueled by increased deposits from local companies engaged in export activities, as revealed by the Bank of South Korea (BOK). At the close of October, South Korea’s foreign currency deposits tallied at US$94.3 billion, exhibiting a robust increase of $4.61 …