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Financial News: South Korea Current Account Surplus Falls To $7.38

South Korea Current Account Surplus Falls To $7.38 Billion

08/02/2018 - 19:21:00 (RTTNews)

(RTTNews) - South Korea had a current account surplus of $7.38 billion in June, the Bank of Korea said on Friday - down from $8.68 billion in May.

The goods account surplus widened to $10.04 billion compared to $9.42 billion a year earlier.

The services account deficit narrowed to $2.45 billion from $2.69 billion a year earlier, the bank said, owing to improvements in the travel and transport accounts.

For the first half of 2018, the current account surplus was $29.65 billion.

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