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Korea's current account surplus narrows to $2.68b for January
By YonhapPublished : March 6, 2018 - 09:32
Korea's current account surplus narrowed in January from a month earlier due mainly to a jump in the deficit of the service account, central bank data showed Tuesday.
The country's current account surplus reached $2.68 billion in January, down from a surplus of $4.09 billion a month earlier, according to the preliminary data from the Bank of Korea.
It marked the 71st consecutive month of a current account surplus, which started in March 2012.
The country's current account surplus reached $2.68 billion in January, down from a surplus of $4.09 billion a month earlier, according to the preliminary data from the Bank of Korea.
It marked the 71st consecutive month of a current account surplus, which started in March 2012.
The services account deficit widened to $4.49 billion from a deficit of $3.77 billion a month earlier due to a rise in overseas trips and foreign business services.
Also, the goods account surplus slightly narrowed to $8.11 billion in January, from $8.21 billion a month earlier.(Yonhap)
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