Korea Achieves 22nd Consecutive Month of Current Account Surplus in February

Seoul: The Republic of Korea logged a current account surplus for the 22nd consecutive month in February on rising exports, central bank data showed Tuesday. The country's current account surplus reached US$7.18 billion in February, following a $2.94 billion surplus the previous month, according to the data compiled by the Bank of Korea (BOK). According to Emirates News Agency, the country has reported a current account surplus every month since May 2023. In 2024, the country reported a current account surplus of $99.04 billion, marking a sharp increase from a surplus of $32.82 billion the previous year, the BOK said.