South Korea’s resident foreign-currency deposits climbed $15.01 billion in July to a record $128.34 billion, the largest monthly increase since a $15.88 billion rise in December and the highest level since the Bank of Korea began compiling the series in June 2012. Dollar deposits led the advance, surging $11.12 billion to an all-time high of $108.92 billion and exceeding $100 billion for the first time. Corporate deposits rose $13.57 billion to $112.56 billion and individual holdings increased $1.44 billion to $15.77 billion, while euro and yen balances also advanced. The central bank attributed the jump to exporter dollar receipts and brokerage funds earmarked for overseas bond investments. A more than 125-won decline in the won-dollar exchange rate over two months further encouraged dollar accumulation as purchases became cheaper in won terms.