Korea Records $42.08 Billion Current Account Surplus in July - report

South Korea recorded a $42.08 billion current account surplus in July, Dailian reported Friday, citing provisional central bank data. The surplus was the second largest recorded after June's $49.73 billion balance.

The goods account posted a $40.43 billion surplus as exports reached $100.45 billion and imports reached $60.02 billion. Services recorded a $1.97 billion deficit, including a $340 million travel deficit during the month.

The cumulative current account surplus reached $233.09 billion through July, compared with $59.82 billion a year earlier. SK hynix Inc. (000660): The company's market capitalisation was ₩1,203.1 trillion at Friday's close.

Sources

  1. Dailian
Written from the filing or the Korean-language report it cites, not translated from it. Figures against this company's own statements are computed from DART data on kstock. kstock does not issue buy, sell or hold ratings and this is not investment advice.

One Korean filing a day, in English.

kstock reads DART every morning and writes up what moved — the contract, the buyback, the number that does not add up. The daily post and a Saturday roundup, by email.

Free. Unsubscribe anytime. Sent by Substack · Privacy