Bank of Korea Reports August Trends in Resident Foreign Currency Deposits
US Dollar and Corporate Deposits Lead $2.49 Billion Increase
Resident foreign currency deposits increased again after one month. This was mainly due to a rise in investor deposits at securities firms, particularly in US dollars, and some companies receiving payments for current transactions.
According to the "Trends in Resident Foreign Currency Deposits for August 2025" released by the Bank of Korea on September 26, resident foreign currency deposits at foreign exchange banks stood at $107.64 billion at the end of last month, an increase of $2.49 billion compared to the end of the previous month. Resident foreign currency deposits include deposits held domestically by Korean nationals, domestic companies, foreigners who have resided in Korea for more than six months, and foreign companies operating in Korea.
Resident foreign currency deposits had declined for three consecutive months starting in February this year, rebounded in May and June, decreased again in July, but rose again after just one month.
By currency, US dollar deposits saw a significant increase of $2.24 billion from the previous month, reaching $90.96 billion. A Bank of Korea official explained, "Investor deposits at securities firms increased, and some companies received payments for current transactions." Japanese yen deposits rose by $290 million to $9.04 billion during the same period, as some companies liquidated assets and brought in funds. Euro deposits also increased by $60 million to $5.13 billion as certain companies received payments for current transactions. In contrast, Chinese yuan deposits decreased by $600 million from the previous month to $1.13 billion, mainly due to some companies making payments for current transactions.
By depositor, corporate deposits increased by $2.54 billion to $92.96 billion. Individual deposits decreased by $40 million to $14.69 billion. By bank, deposits at domestic banks rose by $2.73 billion to $92.02 billion, while deposits at foreign bank branches fell by $240 million to $15.62 billion.
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