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2024

S. Korea's foreign currency deposit falls in May

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SEOUL, June 21 (Xinhua) -- South Korea's foreign currency deposit fell for the fifth straight month owing to the sale of the strong U.S. dollar, central bank data showed Friday.

The deposit, denominated in foreign currencies, shrank 2.39 billion U.S. dollars from a month earlier to 88.96 billion dollars at the end of May, continuing to slide since January, according to the Bank of Korea.

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