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Korea recorded current account surplus for 77 straight months

2018-09-06 1 Dailymotion

South Korea recorded a current account surplus for the 77th straight month in July...with a surplus of nearly eight-point-eight-billion U.S. dollars.<br /> Provisional estimates released by the Bank of Korea show that's some one-and-a-half billion dollars more than the same period last year... and the highest level in ten months.<br />The BOK attributed this to an improved goods account balance which stood at more than 11-point-4-billion dollars in July... an 840-million dollar increase from a year earlier.<br />The services account deficit also decreased by around 170-million dollars on-year to around 3-point-1-billion dollars in July. <br />

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