FOREX TradingCharts.com

Financial News: South Korea Has $8.03 Billion Current Account Surplus

South Korea Has $8.03 Billion Current Account Surplus

04/06/2021 - 19:45:00 (RTTNews)

(RTTNews) - South Korea posted a current account surplus of $8.03 billion in February, the Bank of Korea said on Wednesday - roughly in line with expectations and up from $7.06 billion in February.

The goods account surplus narrowed to $6.05 billion, compared to $6.60 billion in February 2020.

The services account saw a $0.13 billion surplus, up from the $1.44 billion deficit a year earlier, owing to an improvement in the transport account.

The primary income account surplus increased from $1.22 billion last year to $2.12 billion in February 2021, in line with an increase in the income on equity.

The secondary income account had a $0.26 billion deficit.

In the financial account, net assets increased by $7.43 billion in February 2021.

Direct investment assets increased by $3.33 billion and direct investment liabilities decreased by $0.13 billion.

There was a $9.38 billion increase in portfolio investment assets during the month, and a $7.02 billion increase in portfolio investment liabilities.

Financial derivatives posted a net decrease of $1.00 billion.

In terms of other investments, there was an increase of $0.79 billion in assets and an increase of $0.41 billion in liabilities.

Reserve assets increased by $2.24 billion.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


South Africa Leading Index Rises In February (58 min(s), 22 sec(s) ago)
(RTTNews) - South Africa's composite leading index increased in February, survey data from the ...Full Story»

Czech Producer Prices Increases In March (01 hr(s), 13 min(s), 22 sec(s) ago)
(RTTNews) - The Czech Republic's producer prices increased in March, figures from the Czech St ...Full Story»

Germany Producer Price Inflation Highest Since 2011 (01 hr(s), 38 min(s), 22 sec(s) ago)
(RTTNews) - Germany's producer prices increased in March at the fastest pace since late 2011 d ...Full Story»

Estonia Producer Prices Rise In March (02 hr(s), 08 min(s), 22 sec(s) ago)
(RTTNews) - Estonia's producer prices increased in March, data from Statistics Estonia showed ...Full Story»

UK Jobless Rate Drops Unexpectedly (02 hr(s), 11 min(s), 22 sec(s) ago)
(RTTNews) - The UK unemployment rate dropped unexpectedly in three months to February, data from t ...Full Story»

Japan Tertiary Activity Grows In February (02 hr(s), 36 min(s), 22 sec(s) ago)
(RTTNews) - Japan's tertiary activity rose for the first time in three months in February, dat ...Full Story»

European Economics Preview: UK Labor Market Data Due (02 hr(s), 59 min(s), 22 sec(s) ago)
(RTTNews) - Labor market data from the UK is due on Tuesday, headlining a light day for the Europe ...Full Story»

China Maintains Benchmark Lending Rates (03 hr(s), 45 min(s), 22 sec(s) ago)
(RTTNews) - China kept its benchmark lending rates unchanged, as widely expected, on Tuesday. ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

South Africa Leading Index Rises In February

04/20/2021 - 03:36 AM (RTTNews)
(RTTNews) - South Africa's composite leading index increased in February, survey data from the ...Full Story>>

Czech Producer Prices Increases In March

04/20/2021 - 03:21 AM (RTTNews)
(RTTNews) - The Czech Republic's producer prices increased in March, figures from the Czech St ...Full Story>>

Germany Producer Price Inflation Highest Since 2011

04/20/2021 - 02:56 AM (RTTNews)
(RTTNews) - Germany's producer prices increased in March at the fastest pace since late 2011 d ...Full Story>>

Estonia Producer Prices Rise In March

04/20/2021 - 02:26 AM (RTTNews)
(RTTNews) - Estonia's producer prices increased in March, data from Statistics Estonia showed ...Full Story>>

UK Jobless Rate Drops Unexpectedly

04/20/2021 - 02:23 AM (RTTNews)
(RTTNews) - The UK unemployment rate dropped unexpectedly in three months to February, data from t ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.