South Korea Posts $0.29 Billion Current Account Shortfall In April
(RTTNews) - South Korea had a current account deficit of $0.29 billion in April, the Bank of Korea said on Tuesday - following the $6.93 billion surplus in March.
The goods account saw a $5.11 billion surplus as exports increased annually by 18.0 percent to $58.17 billion and as imports increased by 9.0 percent to $53.06 billion, both compared to one year earlier.
The services account posted a $1.66 billion deficit owing to deficits in the manufacturing services and travel accounts.
The primary income account recorded a $3.37 billion deficit due to a decrease in the income on equity. The secondary income account had a $0.36 billion deficit.
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South Korea Has $11.12 Billion Current Account Surplus
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21 ชม. 17 นาทีที่ผ่านมา
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2 วันที่ผ่านมา
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South Korea Has $3.17 Billion Trade Surplus
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South Korea Industrial Production Slips 0.2% In September
Industrial production in South Korea was down a seasonally adjusted 0.2 percent on month in September, Statistics Korea said on Thursday.
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South Korea GDP Expands 0.1% On Quarter In Q3
South Korea's gross domestic product gained a seasonally adjusted 0.1 percent on quarter in the third quarter of 2024, the Bank of Korea said in Thursday's preliminary reading.
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Bank Of Korea Cuts Key Rate For First Time In More Than 4 Years
The Bank of Korea lowered its base rate for the first time in more than four years on Friday, in order to stimulate economy as inflation weakened to the lowest since early 2021 and household debt began to slow on tight macroprudential policies. The Monetary Policy Board headed by Rhee Chang Yong decided to cut the Base Rate by 25 basis points to 3.25 percent from 3.50 percent.
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27 วันที่ผ่านมา
