South Korea's June current-account surplus surges to $49.73 billion
South Korea's current-account surplus jumped to a provisional $49.73 billion in June from $38.61 billion in May, bringing the first-half total to $191.01 billion.
South Korea's current-account surplus widened significantly in June, according to provisional data from the country's central bank. The surplus reached $49.73 billion, up from $38.61 billion in May.
For the first six months of the year, the cumulative surplus stood at a provisional $191.01 billion, compared with $47.87 billion in the same period a year earlier.
The data underscore a sharp improvement in the country's external balance, likely supported by robust exports.
Source: First Squawk