Korea posts current account surplus for 20th straight month in September
Korea posted a current account surplus for the 20th straight month in September, as trade gains widened.
The Bank of Korea says the surplus came in at over 6-and-a-half billion U.S. dollars, up nearly one billion dollars from the previous month.
Exports of goods fell 2.7 percent from a year earlier to 46-billion dollars, while imports of products dropped 3-and-a-half percent to 40-billion.
The service account, which includes tourism and shipping, posted a surplus of around 870-million dollars in September, up sharply from a surplus of 100-million in August.
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