South Korea recorded a $6.93bn current account surplus in March, driven by trade and outbound shipments.
South Korea maintained a current account surplus for the 11th consecutive month in March, with a surplus of $6.93bn, driven by a trade surplus and an increase in outbound shipments. The goods account surplus reached $8.09bn, while the services account deficit widened to $2.43bn. The Bank of Korea anticipates raising its annual forecast for the current account surplus due to export recovery trends.
May 09, 2024
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