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South Korea posted a current account surplus for the 18th straight month in October.
The Bank of Korea says the surplus stood at 6.9-5 billion U.S. dollars.
It was down from a month ago and down on-year.
This was mainly due to a rise in imports amid high energy and raw material prices.
The services account posted a surplus of 630 million dollars, thanks to a record surplus of around 2 billion dollars from the transport sector driven by a hike in shipping rates.
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December 07, 2021 at 09:08AM
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S. Korea records 18th straight month of current account surplus in Oct. - The World On Arirang
"current" - Google News
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Tuesday, December 7, 2021
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