SEOUL, May 24 (Xinhua) -- South Korea's foreign currency deposit fell for the fourth straight month due to the sale of the strong U.S. dollar, central bank data showed Friday.

The deposit, denominated in foreign currencies, shrank 3.66 billion dollars from a month earlier to 91.35 billion U.S. dollars at the end of April, continuing to slide since January, according to the Bank of Korea (BOK).

The consecutive reduction came as the strong dollar led companies to dump the U.S. currency.

The won/dollar exchange rate averaged 1,367.8 won per dollar in April, up from 1,330.7 won in the previous month.

The deposit, denominated in the U.S. dollar, dipped 3.26 billion dollars from a month earlier to 74.33 billion dollars at the end of April.

The Japanese yen and the euro deposits decreased to 9.71 billion dollars and 4.82 billion dollars respectively.

The Chinese yuan deposit came in at 910 million dollars at the end of April, down 100 million dollars from a month earlier.

Foreign currency deposit, owned by companies, dived 3.54 billion dollars to 76.51 billion dollars in the cited month, while the individuals-possessed deposit declined 0.12 billion dollars to 14.84 billion dollars. Enditem

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