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South Korea Has $0.77 Billion Current Account Deficit

2/27/2012 6:08 PM ET

South Korea posted a current account deficit of $0.77 billion in January, the Bank of Korea said on Tuesday.

That beat forecasts for a shortfall of $2.5 billion after showing a surplus of $3.959 billion in December.

The financial account shifted from December's net outflow of 3.50 billion dollars to a net inflow of 1.22 billion dollars.

by RTT Staff Writer

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