Korea racked up a current account surplus for the fifth consecutive month in September, driven by robust exports, central bank data showed Thursday.
Korea’s current account swung back to black in May on the back of surging chip exports, logging the largest surplus in 32 months.
Korea's current account broke a nearly yearlong streak of monthly surpluses with a deficit of $290 million in April on dividend payments to foreign investors.
Korea logged a current account surplus in March for the 11th month in a row, driven by robust chip demand.
Korea reported a current account surplus for 10th straight month in February, driven by recovery of chip exports.
Korea logged a current account surplus of $3.05 billion in January, the ninth month in the black, on the back of demand for chips and cars.
Korea logged a current account surplus for the ninth straight month in January on the back of a continued trade surplus driven by the recovery of chip and car exports, central bank data showed Friday.
Korea reported $35.49 billion in current account surplus last year, beating the $30 billion projection by the Bank of Korea (BOK) and a jump of 37 percent from a year earlier.
Korea logged a current account surplus for seventh consecutive month in November on the back of an increased trade surplus led by chip recovery.
Korea logged a current account surplus for the sixth consecutive month in October on a trade surplus that was helped by a jump in exports, showed central bank data on Friday.
Korea JoongAng Daily Sitemap
