S.Korea's foreign currency deposit rises in February

South Korea's foreign currency deposit rose last month due to an increased corporate deposit, central bank data showed Monday.

Deposit, denominated in foreign currencies, came to 98.14 billion U.S. dollars at the end of February, up 4.97 billion dollars from a month earlier, according to the Bank of Korea (BOK).

It was the first rebound in three months as companies increased foreign currency deposits for overseas investment.

Corporate deposit in foreign currencies jumped 5.17 billion dollars to 80.81 billion dollars in the cited month, while individuals' deposit fell 0.2 billion dollars to 17.33 billion dollars.

The U.S. dollar deposit advanced 4.51 billion dollars to 83.43 billion dollars, and the euro deposit added 0.61 billion dollars to 5.61 billion dollars.

Deposit denominated in the Chinese yuan amounted to 1.9 billion dollars at the end of February, down 0.14 billion dollars from a month earlier.