FOREX TradingCharts.com

Financial News: South Korea Has $1.09 Billion Current Account Surplus

South Korea Has $1.09 Billion Current Account Surplus

09/06/2022 - 19:20:00 (RTTNews)

(RTTNews) - South Korea had a current account surplus of $1.09 billion in July, the Bank of Korea said on Wednesday - down from $5.61 billion in June.

The goods account saw a $1.18 billion deficit, down from the $5.55 billion surplus a year earlier.

The services account recorded a $0.34 billion surplus, up from the $0.28 billion deficit in 2021, owing to a large surplus in the transport account.

The primary income account surplus fell from $2.84 billion last year to $2.27 billion in July 2022.

The secondary income account saw a $0.34 billion deficit.

Looking at the financial account, net assets increased by $0.18 billion during July 2022.

Direct investment assets increased by $5.67 billion, and direct investment liabilities increased by $2.26 billion.

There was a $3.24 billion increase in portfolio investment assets during the month, and a $4.22 billion increase in portfolio investment liabilities.

Financial derivatives posted a net increase of $0.72 billion.

In terms of other investments, there was a decrease of $2.71 billion in assets and an increase of $1.92 billion in liabilities.

Reserve assets increased by $1.66 billion.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


South Africa PPI Inflation Slows More Than Forecast (04 hr(s), 41 min(s), 04 sec(s) ago)
(RTTNews) - South Africa's producer price inflation eased more-than-expected in August, figure ...Full Story»

Czech Central Bank Keeps Rates On Hold (04 hr(s), 58 min(s), 04 sec(s) ago)
(RTTNews) - The Czech National Bank kept its key interest rates unchanged for the second straight ...Full Story»

U.S. GDP Declines 0.6% In Q2, Unrevised From Previous Estimate (05 hr(s), 10 min(s), 04 sec(s) ago)
(RTTNews) - The Commerce Department released its third estimate of U.S. economy activity in the se ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Dip To Five-Month Low (05 hr(s), 29 min(s), 04 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly fell to a five-month low ...Full Story»

German Inflation Sets New Record High Of 10% (05 hr(s), 44 min(s), 04 sec(s) ago)
(RTTNews) - Germany's consumer price inflation accelerated at a faster-than-expected pace to a ...Full Story»

UK Car Production Rises For Fourth Straight Month: SMMT (05 hr(s), 44 min(s), 04 sec(s) ago)
(RTTNews) - UK car production increased for the fourth straight month in August but volumes still ...Full Story»

Q2 Decline In U.S. GDP Unrevised At 0.6% (05 hr(s), 54 min(s), 04 sec(s) ago)
(RTTNews) - The Commerce Department released its third estimate of U.S. economy activity in the se ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Dip To 193,000 (06 hr(s), 0 min(s),04 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly fell to a five-month low ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

South Africa PPI Inflation Slows More Than Forecast

09/29/2022 - 09:56 AM (RTTNews)
(RTTNews) - South Africa's producer price inflation eased more-than-expected in August, figure ...Full Story>>

Czech Central Bank Keeps Rates On Hold

09/29/2022 - 09:39 AM (RTTNews)
(RTTNews) - The Czech National Bank kept its key interest rates unchanged for the second straight ...Full Story>>

U.S. GDP Declines 0.6% In Q2, Unrevised From Previous Estimate

09/29/2022 - 09:27 AM (RTTNews)
(RTTNews) - The Commerce Department released its third estimate of U.S. economy activity in the se ...Full Story>>

U.S. Weekly Jobless Claims Unexpectedly Dip To Five-Month Low

09/29/2022 - 09:08 AM (RTTNews)
(RTTNews) - First-time claims for U.S. unemployment benefits unexpectedly fell to a five-month low ...Full Story>>

UK Car Production Rises For Fourth Straight Month: SMMT

09/29/2022 - 08:53 AM (RTTNews)
(RTTNews) - UK car production increased for the fourth straight month in August but volumes still ...Full Story>>

Do not sell my personal information

Copyright © 2022. 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.