SEOUL, Aug. 27 (Xinhua) -- South Korea's foreign currency deposit fell in three months due to soft demand for the U.S. and Chinese currencies, central bank data showed Wednesday.
The deposit, denominated in foreign currencies, shrank 1.29 billion U.S. dollars from a month earlier to 105.15 billion dollars at the end of July, after growing for the past two months, according to the Bank of Korea (BOK).
The downturn was attributable to lower demand for the U.S. and Chinese currency deposits.
The deposit, denominated in the U.S. dollar, reduced 0.42 billion dollars from a month earlier to 88.72 billion dollars at the end of July.
The Chinese yuan deposit diminished 0.89 billion dollars to 1.19 billion dollars in the cited month.
The Japanese yen deposit added 0.05 billion dollars to 8.74 billion dollars, but the euro deposit declined 0.14 billion dollars to 5.07 billion dollars.
Foreign currency deposit, possessed by companies, decreased 1.25 billion dollars to 90.42 billion dollars in the same month, while the individuals-owned deposit dipped 0.04 billion dollars to 14.73 billion dollars. ■
