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S. Korea attains biggest current account surplus in nearly 7 years
[07/08/2024 01:18]
SEOUL-SABA
South Korea reported its largest current account surplus in about seven years in June, driven by robust exports led by semiconductors, central bank data showed Wednesday.

S. Korean News Agency (Yonhap} reported that the country's current account surplus reached US$12.2 billion in June, marking a surplus for two consecutive months, according to data compiled by the Bank of Korea.

The June surplus is the largest since September 2017, when the surplus was $12.3 billion.

The latest performance was driven by a robust goods account, which totaled $11.4 billion, the largest since September 2020. It also marked 15 consecutive months of growth, according to Yonhap.


Oil price tops $100 a barrel
Italy budget deficit at 3 percent
Oil rises as markets assess supply risks
Italian Industrial production falls 0.6 percent
Korea large companies' exports rise 10 percent
China's foreign exchange reserves rise to $3.3991 trillion
S. Korea's exports rise 33.9 percent in January
Japan's LNG imports down 1.4 percent
Public debt in Germany rises 2.1 percent
S. Korea's ITC exports rise 12.4 percent in 2025

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