South Korea Has $8.72 Billion Current Account Surplus

South Korea had a current account surplus of $8.72 billion in October, the Bank of Korea said on Thursday.

That follows the downwardly revised surplus of $8.07 billion in September (originally $8.26 billion).

The goods account surplus narrowed to $9.83 billion, from $10.66 billion in September.

The services account deficit narrowed as well, to $1.59 billion compared to $2.58 billion the month before, owing to an improvement in the travel account.

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