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South Korean yen deposits jump ¥47.8 billion as dollar demand retreats

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  • Five major South Korean banks recorded stronger yen deposits and weaker dollar deposits.
  • Yen deposits rose ¥47.8 billion, while dollar deposits fell $7.19 billion by the 15th.
  • The won-dollar rate stayed in the 1,300 range for 21 consecutive trading days through the 16th.
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