{
  "id": 16842327,
  "title": "Foreign currency deposits rise to fresh record high in September",
  "url": "https://urgent.news/2026/10/28/foreign-currency-deposits-rise-to-fresh-record-high-in-september",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-28T03:52:04.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/economy/20261028/foreign-currency-deposits-rise-to-fresh-record-high-in-september"
  },
  "original_language": "en",
  "account": "In September, foreign currency deposits in South Korea reached a new record high, according to central bank data released on Wednesday. The Bank of Korea (BOK) reported that outstanding foreign currency-denominated deposits held by residents totaled $154.7 billion at the end of September, marking a substantial increase of $14 billion from the previous month. This represents the highest level since the BOK started compiling the data in June 2012. The upward trend has continued for four consecutive months, starting from April.\n\nResident deposits, which include Korean citizens, foreigners who have lived in the country for over six months, and foreign companies, played a significant role in this surge. By currency type, U.S. dollar-denominated reserves saw the largest increase, rising by $12.99 billion to reach $132.9 billion, which is the highest balance since June 2012. Additionally, euro-denominated savings increased by $0.37 billion to $9.53 billion, while Japanese yen deposits climbed by $0.55 billion to $9.49 billion. Corporate foreign currency deposits expanded by $13.1 billion to $136.6 billion, while individual holdings grew by $0.98 billion to $18.11 billion.\n\nThe BOK attributed the sharp rise in foreign currency deposits to various factors, though specific details were not provided in the source material.",
  "summary": "Foreign currency deposits in Korea rose to a fresh record high in September, driven by a sharp increase in dollar savings, central bank data showed Wednesday. Outstanding foreign currency-denominated deposits held by residents stood at $154.7 billion at the end of September, up $14 billion from a month earlier, according to findings by the Bank of Korea (BOK). It marked the highest level since…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "Foreign currency deposits rise to fresh record high in Sept.",
        "url": "https://urgent.news/2026/10/28/foreign-currency-deposits-rise-to-fresh-record-high-in-sept",
        "published": "2026-10-28T03:00:10.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}