S. Korea posts record-high current account surplus again in June on strong chip exports
Asia-Pacific1 source1 country🔦 Under-reported28m ago
South Korea posted a record-high current account surplus in June, driven largely by strong exports of semiconductor chips. The Bank of Korea reported the milestone on August 6, marking a continued surplus trend for the country's economy.
The robust performance in the chip sector significantly bolstered South Korea's external balance sheet, reinforcing the nation's export-driven economic momentum during the period.