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[Graphic News] Korea sees current account surplus for 40th consecutive month

By Korea Herald
Published : Aug. 4, 2015 - 09:15


South Korea posted a surplus in its current account for the 40th consecutive month, data from the Bank of Korea showed Monday.

The surplus was estimated at $12.9 billion in June, a 41.5 percent increase from the previous month.

In the first half of 2015, the surplus was the highest recorded for the January-June period, at $52.3 billion.

Experts, however, noted that the recent current account surplus is due to a higher rate of decline in imports as compared to exports.

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