South Korea Posts Record $42 Billion Current Account Surplus in July

South Korea’s central bank reported a $42 billion current account surplus for July, setting a new monthly record driven by strong export performance. The result extends the nation’s streak of trade surpluses and reinforces confidence in its external economic position.

4 Sept, 00:31 — 4 Sept, 00:31

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Korea HeraldMostly Factual1d ago

S. Korea extends current account surplus in July amid strong exports

South Korea posted a current account surplus in July, central bank data showed Friday, led by robust exports amid the global artificial intelligence boom. The current account surplus totaled $42 billion in July, down $7.65 billion from a month earlier, according to data from the Bank of Korea. Compared with the same month a year earlier, the figure jumped $30.1 billion. It marked the second-largest monthly figure following $49.73 billion set in June. It was also the highest for any July. The BOK

By The Korea Herald

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First report: yonhap-english · 3 Sept, 23:00|Full coverage: 2 · 2h|Window: 2h

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yonhap-english3 Sept, 23:00First to report

S. Korea extends current account surplus in July amid strong exports

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Korea Herald4 Sept, 00:31Latest update

South Korea Posts Record $42 Billion Current Account Surplus in July

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S. Korea extends current account surplus in July amid strong exports

Coverage Timeline

S. Korea extends current account surplus in July amid strong exports

S. Korea extends current account surplus in July amid strong exports

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