S. Korea posts US$2.29 bil. current account surplus in May
- 4 years ago
5월 경상수지 23억 달러 흑자 전환…작년의 절반 수준
South Korea's current account bounced from a deficit the previous month to a surplus in May despite the COVID-19 outbreak.
The Bank of Korea said Tuesday that the current account surplus was almost two-point-three billion U.S. dollars.
That's a rebound from the deficit in April,... but on-year,... the surplus was half what it was.
The goods account surplus was two-point-five billion dollars,... down three billion dollars on-year.
Exports were down over 28 percent,... falling for the third consecutive month.
South Korea's current account bounced from a deficit the previous month to a surplus in May despite the COVID-19 outbreak.
The Bank of Korea said Tuesday that the current account surplus was almost two-point-three billion U.S. dollars.
That's a rebound from the deficit in April,... but on-year,... the surplus was half what it was.
The goods account surplus was two-point-five billion dollars,... down three billion dollars on-year.
Exports were down over 28 percent,... falling for the third consecutive month.