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.