GgoogleJP first seen 2 d ago, last 2 d ago, peak #1

Foreign exchange reserves in the spotlight as dollar deposits hit record

Original: 外貨準備

South Korean commercial banks are reporting record growth in dollar deposits, with foreign currency deposits reaching about 119.9 billion dollars, the highest level on record. Standard Chartered Korea and Shinhan Bank are expanding foreign exchange services and offering incentives to currency exchange customers to secure non-interest income. The figures are drawing attention amid ongoing interest in currency flows and foreign exchange reserves in the region.

Why now: Record foreign currency deposit figures and banks' aggressive dollar campaigns are attracting attention amid broader interest in foreign exchange reserves.

Standard Chartered KoreaShinhan BankSouth KoreaMaeil Business Newspaper

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Evidence

• ドル預金 1199億ドルで史上最大 SC第一·新韓銀、両替顧客に景品外国為替取引を拡大し非利子利益を確保 · 매일경제

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