HaVe a NiCe dAy

Wednesday, 26 June 2013

Most posts South Korea current account surplus

South Korea's monthly current - account surplus rising exports and falling imports, with most killed in May, the Bank of Korea said Thursday.
New data, despite the country's relatively sound fundamentals are a global slowdown confirmed that some market ideas.
May I present - account surplus, the broadest measure of trade with the world, South Korea, to be $ 8.64 billion, the highest monthly amount I was standing, and $ 3.57 billion a year ago.
In November last year the previous record was $ 6.91 billion.
On a weather adjusted basis, current - account surplus rose last month to $ 4.76 billion to $ 7.82 billion.
This past January 2012, after a loss to South Korea posted a current - account posted a surplus was the 16th consecutive month.

Central Bank of Korea May Export Surplus solid and has been attributed to falling oil prices.
"Falling oil prices, the current account surplus, improving export demand slowed," Kim Young-Bae, director general of the bank's economic statistics division, said at a press conference.
Surplus land at the trend was likely to continue on the surplus for June, May, it will be small.
South Korea to reduce easing concern the U.S. economic stimulus to help the country's exports, the weak against dollar surplus was also recorded as a win.
Some analysts, however, Asia's fourth largest economy and a weaker yen, a slowing Chinese economy faced the risk is reduced.
U.S. $ 3.54 billion in goods account surplus sharply in April, May, had a surplus of $ 7.27 billion.
It exports high semiconductors, telecommunications equipment, and petrochemical products was attributed.
Imported $ 42.32 billion a year earlier as exports fell 4.6 percent to $ 49.59 billion were 3.2 percent year on.
Visits abroad by South Korea's outlays, including service accounts, a $ 1.45 billion surplus last month, down from $ 1.13 billion surplus posted last month.

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