Dollar deposits increased by KRW 9 trillion as the won-dollar exchange rate fell to the KRW 1,400 level.
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When the won-dollar exchange rate, which had been above 1,500 won for two months, fell to the 1,400 won range, demand to buy dollars at low prices increased, increasing the balance of Dalli deposits by about 9 trillion won.
When the won-dollar exchange rate, which had been above 1,500 won for two months, fell to the 1,400 won range, demand to buy dollars at low prices increased, increasing the balance of Dalli deposits by about 9 trillion won. According to the financial sector on the 12th, the dollar deposit balance of the five major banks (KB Kookmin, Shinhan, Hana, Woori, and NH Nonghyup Bank) was calculated to be $70.94 billion as of the 9th. Converted to the won-dollar exchange rate weekly trading closing price on the 9th (as of 3:30 p.m.), it is worth about 106.79 trillion won. The dollar deposit balance is the largest since the end of December 2022 ($74.416 billion). In particular, it is showing a steep increase in July. The dollar deposit balance increased by $5.86 billion (9.0%) from the end of June ($65.044 billion). The increase in 7 trading days has already exceeded the increase in the month of June ($2.056 billion). The increase in dollar deposits is believed to be due to the decline in the exchange rate, with the won-dollar exchange rate exceeding 1,560 won at the beginning of this month and closing weekly trading at 1,498.5 won on the 8th. As the exchange rate has been soaring,
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