Korea posted a current account surplus in July, led by robust exports amid the global artificial intelligence boom. The surplus totaled $42 billion, down from June but the highest for any July, according to Bank of Korea data. The goods account posted a $40.43 billion surplus as exports rose 65.3 percent on-year to $100.4 billion. Korea has now recorded a current account surplus for 39 straight months.
Containers are stacked at a port in Busan, Tuesday. Yonhap
Korea posted a current account surplus in July, central bank data showed Friday, led by robust exports amid the global artificial intelligence (AI) boom.
The current account surplus totaled $42 billion in July, down $7.65 billion from a month earlier, according to data from the Bank of Korea (BOK).
Compared with the same month a year earlier, the figure jumped $30.1 billion.
