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South Korea's USD Deposits Hit $70.9B on July 9, Highest Since December 2022

2026-07-14 05:25:10

According to Jin10, South Korea's five major commercial banks' combined U.S. dollar deposits reached $70.9 billion on July 9, the highest level since December 2022, driven primarily by corporate holdings. Corporate USD deposits totaled $58.69 billion, up $5.6 billion from end-June and accounting for approximately 96% of new inflows. A bank official attributed the increase to companies receiving substantial USD revenues after mid-year financial settlement and managing import payment and currency risk needs.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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