Current Account Surplus Extends to $4.5 Billion

Korea's current account surplus in February reached US$4.52 billion, posting a surplus for the 24th straight month, the Bank of Korea said Monday.

This marks an improvement from January's $3.29 billion. The combined surplus for the first two months of the year was $7.81 billion, almost twice the size of the $4.12 billion posted over the same period last year.

Korea also recorded a surplus of $5.43 billion for goods in February, up $1.06 billion from the previous month. Meanwhile, the service account posted a deficit of $1.06 billion, marking a slight recovery from $850 million in January. / Apr. 01, 2014 10:49 KST