South Korea posts record current account surplus in Nov
(For full table, double-click )
SEOUL Dec 28 (Reuters) - South Korea's current account surplus jumped to a record high of $6.66 billion in November on a seasonally adjusted basis from a revised $4.38 billion surplus in October on weak imports, central bank data showed on Friday.
November exports grew 0.8 percent from October to $48.57 billion on a seasonally adjusted basis while imports shrank 3.2 percent to $41.89 billion, resulting in a $6.67 billion surplus in the goods trade account, Bank of Korea data showed.
The goods trade surplus was also the biggest on record.
In the financial account, Asia's fourth-largest economy posted a net outflow of $9.85 billion in November without adjustment for seasonal patterns, compared to a revised outflow of $7.25 billion in October. (Reporting by Christine Kim; Editing by Choonsik Yoo)
- White House reverses, says Obama met uncle and lived with him during law school
- South Africans, some fearful, wake to life without Mandela |
- U.S. television, Twitter, alive with new version of 'Sound of Music'
- RPT-UPDATE 1-Ford leans on global Mustang to burnish overseas image
- Ford leans on global Mustang to burnish overseas image