S. Korea logs record current account deficit in January
SEOUL, March 10 (Xinhua) -- South Korea logged a record high current account deficit due to export fall and higher travel account deficit, central bank data showed on Friday.
Current account balance, the broadest measure of cross-border trade, posted a deficit of 4.52 billion U.S. dollars in January, after recording a surplus of 2.68 billion dollars in the prior month, according to the Bank of Korea (BOK).