Bloomberg News

BOK’s Kim Says Current-Account Surplus May Be Below Estimate

October 26, 2011

Oct. 27 (Bloomberg) -- Bank of Korea Governor Kim Choong- Soo said South Korea’s current-account surplus may be below the central bank’s estimate of $17 billion next year because of a slowdown in export growth.

He also said in a speech in Seoul today that the central bank’s challenge is to stabilize prices and financial market while helping sustain solid economic growth.

--Editors: Ken McCallum, Lily Nonomiya

To contact the reporter on this story: Eunkyung Seo in Seoul at eseo3@bloomberg.net

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


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