余额飙涨到1035.5亿美元：韩国外汇存款出现3个月首次增长！17.1亿美金入场，汇率保卫战迎来转折？

Group 1 - The core point of the article is that South Korea's foreign currency deposits increased for the first time in three months, reaching $103.55 billion by the end of November 2025, which is a $1.71 billion increase from October [1][3]. - The increase in foreign currency deposits is attributed mainly to corporate contributions, with corporate foreign currency deposits rising by $1.67 billion to $88.43 billion, while personal deposits only increased by $40 million to $15.11 billion [5][6]. - The rise in deposits coincides with a recovery in exports, particularly in semiconductors, which saw a year-on-year increase of 38.5%, and automotive exports, which grew by 13.7% due to a trade agreement with the U.S. [5][6]. Group 2 - The increase in foreign currency deposits is expected to alleviate liquidity pressure in the foreign exchange market, contributing to South Korea's foreign exchange reserves, which have risen for six consecutive months to $430.66 billion [8]. - Despite the positive short-term effects, the long-term pressure on the Korean won remains, as import prices rose by 2.6% in November due to currency depreciation, marking the largest increase in 19 months [8][10]. - Future trends in foreign currency deposits will depend on two key factors: the sustainability of export growth and the stability of the Korean won's exchange rate [8][10].