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Korea posts current account surplus for 51 consecutive months, the highest rise ever
By 황유미Published : July 1, 2016 - 08:44
[THE INVESTOR] South Korea’s current account surplus in May surged to the highest figure since September 2015, the central bank said on July 1.
The current account surplus at US$10.36 billion last month was a large increase from a $3.37 billion surplus in April, and marks a $2.04 billion increase from the same period last year, according to the Bank of Korea’s preliminary data.
Asia’s fourth-largest economy has posted a current account surplus for 51 consecutive months.
(theinvestor@heraldcorp.com)
