SEOUL, Aug 20 (Xinhua): The portion of short-term foreign debts in South Korea rose to the highest in a year as banks increased borrowing in foreign currency, central bank data showed Wednesday.
The rate of foreign debts, which mature in less than a year, to the total was 29.8 per cent as end-June, the highest since June 2013 when it reached 30 per cent, according to the Bank of Korea (BOK). From three months earlier, the percentage was up 0.7 percentage point.
As of the end of June, the country's total foreign debts came in at US$442.2 billion, up $16.8 billion from three months earlier.
Portion of S Korea short-term foreign debts rises to highest in a year
FE Team | Published: August 21, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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