Korea continued its current account surplus streak for the thirty-sixth straight month in February.
The Bank of Korea says the surplus reached around US$6.5 billion, up over 40 percent from a year ago. Both exports and imports dropped from the previous year, but inbound shipments shrank at a faster rate due to falling global oil prices.
Exports of goods were down more than 15 percent, while imports plunged around 20 percent.
The central bank expects this year's current account surplus to reach a record high $94 billion.
