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Monday 1 August 2016

Korea's current account surplus hits record high in June: ARIRANG NEWS

Published on Jul 31, 2016
6월 경상수지 흑자 121.7억 달러, 사상 최대
Korea's current account surplus hit a record-high in June,... extending its surplus streak for a fifty-second straight month.

The Bank of Korea said the surplus in June reached a nearly twelve-point-two billion U.S. dollars, with the help of a surplus in the goods balance. 

The previous monthly record was nearly eleven-point-nine billion in June 2015. 

The surplus in the products account came to twelve-point-eight billion dollars, up from a ten-point-seven billion surplus in the previous month.

Exports increased six-point-six percent from May, while imports increased by two-point-three percent.
The deficit in the service sector rose from one-point-one billion dollars in May to nearly one-point-four billion

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