Current account surplus reached USD 3.83bn in May.

By bne IntelliNews June 30, 2010
South Korea's current account surplus reached USD 3.83bn in May, higher than USD 1.42bn in April. As reported by Organization of Asia Pacific News Agencies, statistics from the Bank of Korea (BOK) showed that robust exports, a fall in dividend payouts to foreign investors and reduced expenditure on foreign travel were the reasons behind the higher current account surplus. The apex bank expected the current account surplus to remain robust in June to higher exports on the back of the global economic recovery.

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