SEOUL, Oct. 19 (Xinhua) -- South Korea's foreign currency deposit rose in September as domestic exporters put export proceeds in bank accounts, central bank data showed Tuesday.

Deposit denominated in foreign currencies amounted to 94.2 billion U.S. dollars as of the end of September, up 1.6 billion dollars from a month earlier, according to the Bank of Korea (BOK).

It continued to grow for the second consecutive month as local exporters deposited the export proceeds amid the solid export growth, caused by the global demand recovery from the COVID-19 pandemic.

Foreign currency deposit, owned by companies, increased 2.1 billion dollars to 75.76 billion dollars last month, but the individuals-possessed deposit shrank 0.5 billion dollars to 18.44 billion dollars.

The U.S. dollar-denominated deposit grew 1.77 billion dollars to 82.15 billion dollars, and the Chinese-yuan deposit added 80 million dollars to 1.62 billion dollars.

Deposits in the European single currency and the Japanese yen slipped to 3.89 billion dollars and 4.79 billion dollars. Enditem

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