Seoul, Sep 4
South Korea logged the largest current account surplus for any July driven by solid exports and an increase in income from equity, central bank data showed on Thursday.
The country's current account surplus reached US$10.78 billion in July, extending its surplus streak to the 27th consecutive month, according to data compiled by the Bank of Korea (BOK), reports news agency.
South Korea has reported a current account surplus every month since May 2023.
While it marked the highest July figure on record, the surplus narrowed from the all-time monthly high of $14.27 billion posted in June.