Bloomberg News

South Korea Sees Wider Current-Account Surplus for Last Month

October 05, 2011

Oct. 6 (Bloomberg) -- South Korea’s current-account surplus probably widened in September from August as exports to the U.S., European Union and Southeast Asian countries increased, the finance ministry said.

The economy faces high uncertainties due to the global fiscal crisis and unstable financial markets and the government will continue efforts to sustain the economic recovery and ease “still-high” inflation, the ministry said in a monthly economic report.

--Editors: Ken McCallum, Patrick Harrington

To contact the reporter on this story: William Sim in Seoul at wsim2@bloomberg.net

To contact the editor responsible for this story: Paul Panckhurst at ppanckhurst@bloomberg.net


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