S. Korea logs current account surplus for 8th month in December

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S. Korea logs current account surplus for 8th month in December

STORY: S. Korea logs current account surplus for 8th month in December SHOOTING TIME: file DATELINE: Feb. 8, 2024 LENGTH: 00:01:03 LOCATION: Seoul CATEGORY: ECONOMY SHOTLIST: 1. various of the Bank of Korea (BOK) (July 18, 2019) 2. various of Busan container terminal (March 7, 2023) 3. various of semiconductor production line (courtesy of Samsung Electronics, July 9, 2019) 4. various of automobile export site (courtesy of Hyundai Motor Company, Oct. 24, 2019) 5. various of Seoul streets (courtesy of Yonhap TV, Feb. 7, 2024) STORYLINE: South Korea logged current account surplus for the eighth straight month in December last year due to export recovery, central bank data showed Wednesday. Current account balance, the broadest measure of cross-border trade, posted a surplus of 7.41 billion U.S. dollars in December 2023, staying in black since May, according to the Bank of Korea (BOK). Trade surplus for goods stood at 8.04 billion dollars in December, hovering in black since April. Export grew 5.8 percent f

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