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2026/08/11
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Latest News:
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Al-Arada Calls for Crackdown on Houthi Smuggling Networks
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Latest News:
President al-Alimi: Time of Cost-Free Attacks Over, International Community Must Support Government to ..
Yemeni Ambassador, West Java Deputy Governor Seek Broader Economic and Educational Ties
Al-Arada Calls for Crackdown on Houthi Smuggling Networks
Health Minister, Doctors of the World Discuss Expanding Cooperation
Yemeni Ambassador, Turkish Migration Chief Discuss Yemeni Community
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.
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.
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