Seoul, April 8 (IANS) South Korea recorded its largest-ever monthly current account surplus in February, driven by a semiconductor upcycle and strong exports, central bank data showed on Wednesday.The current account surplus totalled $23.19 billion in February, up sharply from $13.26 billion in January, according to the data from the Bank of Korea (BOK), reports Yonhap news agency.It marked the highest monthly surplus ever, surpassing the previous record of $18.7 billion set in December 2025.Sou…
Latest Current account surplus News & Updates
Seoul, March 6 (IANS) South Korea recorded its fifth-largest monthly current account surplus in January, driven by a semiconductor upcycle and strong exports, central bank data showed on Friday.The current account surplus totalled US$13.26 billion in January, down from $18.7 billion in December, according to the Bank of Korea (BOK).Compared with the same month a year earlier, however, the figure surged 397.4 percent, marking the fifth-largest monthly surplus on record, reports Yonhap news agency…
Seoul, Jan 9 (IANS) South Korea posted its largest-ever current account surplus for any November, supported by strong exports amid an upcycle in the semiconductor industry, central bank data showed on Friday.The country’s current account surplus totalled US$12.24 billion in November, up sharply from $6.81 billion a month earlier, according to the data from the Bank of Korea (BOK), reports Yonhap news agency.It marked the highest level for any November since the BOK began compiling relevant data …
New Delhi, Dec 25 (IANS) The International Monetary Fund (IMF) has asked the Pakistan government to reduce its spending on incentives given for foreign remittances, a move that has raised concerns among experts about a possible shift of money flows back to informal channels. According to a report by Nikkei Asia, analysts fear that cutting these incentives could weaken official banking routes and push more remittances towards backstreet networks such as hawala and hundi.The IMF’s recommendation…