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)
- Malaysia military tracked missing plane to west coast: source |
- Malaysia air probe finds scant evidence of attack: sources |
- Ukraine forms new defense force, seeks Western help |
- UPDATE 1-Missing Malaysian plane last seen at Strait of Malacca-source
- Freescale loss in Malaysia tragedy leads to travel policy questions