SEOUL, Feb. 24 (Xinhua) -- South Korea's foreign currency deposit rose for the second straight month due to strong demand for the U.S. dollar deposit, central bank data showed Monday.
The deposit, denominated in foreign currencies, grew 2.14 billion U.S. dollars from a month earlier to 103.44 billion dollars at the end of January, after spiking 2.87 billion dollars in the previous month, according to the Bank of Korea (BOK).
The continued growth was attributed to higher U.S. currency deposit, affected by mounting uncertainties at home and abroad.
The deposit, denominated in the U.S. dollar, climbed 1.88 billion dollars from a month earlier to 88.31 billion dollars at the end of January.
The Japanese yen, the euro and the Chinese yuan deposits increased to 8.29 billion dollars, 4.45 billion dollars and 1.16 billion dollars respectively.
Foreign currency deposit, owned by companies, soared 2.08 billion dollars to 89.20 billion dollars in the cited month, while the individuals-possessed deposit added 0.06 billion dollars to 14.24 billion dollars. ■
