South Korea Jan. current account logs record monthly deficit

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South Korea Jan. current account logs record monthly deficit
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SEOUL : South Korea's current account logged a record deficit in January, central bank data showed on Friday, as exports of goods slumped and overseas travel increased.The country's current account balance logged a deficit of $4.52 billion in January, after a $2.68 billion surplus in December, according t

SEOUL : South Korea's current account logged a record deficit in January, central bank data showed on Friday, as exports of goods slumped and overseas travel increased.

The balances of goods and services each posted a deficit of $7.46 billion and $3.27 billion, with a drop in exports and jump in travel outflows, although the surplus in primary income widened to $6.48 billion.

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