S.Korea posts 5.82 bln USD current account surplus

SEOUL, Nov. 28 (Xinhua) -- South Korea's current account balance posted a surplus of 5.82 billion U.S. dollars last month due to faster growth in exports than imports, central bank data showed Wednesday.

Current account surplus in October was almost the same as the revised surplus of 5.91 billion dollars for September, according to the Bank of Korea (BOK).

The current account balance maintained its surplus trend for nine straight months through October due to a faster expansion in exports than imports, indicating that the South Korean economy may begin to escape from the so-called recession-type surplus.

The current account is the broadest measure of international trade in goods and services and investment income.

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