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South Korea Has $5.06 Billion Current Account Surplus

South Korea has a current account surplus of $5.06 billion in November, the Bank of Korea said on Tuesday - down from the $9.19 billion surplus in October.

The goods account surplus stood at $7.97 billion, down from $11.46 billion in November 2017.

The services account deficit was $2.29 billion, less than the $3.27 billion dollar deficit one year before owing to improvements in the transport and the travel accounts.

The primary income account reversed from its $0.07 billion deficit in November 2017 to a surplus of $0.03 billion dollars in November 2018, in line with an improvement in the income on equity account.

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