Residents’ foreign-currency deposits in South Korea reached a record $140.62 billion at the end of August, equivalent to approximately 191.3416 trillion Korean won, the Bank of Korea said. The balance rose $12.28 billion from July and marked a fifth consecutive monthly increase, with the data reaching their highest level since compilation began in June 2012. Dollar deposits climbed $10.99 billion to $119.91 billion after surpassing $100 billion for the first time in July. The central bank attributed the increase to large companies receiving current-account payments, investor deposits at securities firms and early dollar purchases after the won strengthened to 1,368.6 per dollar from 1,424 at the end of July. Euro deposits rose $1.1 billion to $9.16 billion, while yen deposits increased $320 million to $8.94 billion. Corporate foreign-currency deposits rose $10.93 billion to a record $123.49 billion, including a first-time tally above $100 billion for corporate dollar deposits; individual deposits increased $1.35 billion to $17.12 billion.