Roundup: S. Korea logs current account deficit in 1 year in April
SEOUL, June 11 (Xinhua) -- South Korea logged current account deficit in one year due to lower trade surplus and higher dividend to foreign investors, central bank data showed Tuesday.
Current account balance, the broadest measure of cross-border trade, posted a deficit of 290 million U.S. dollars in April, after recording surpluses for the past 11 months since May 2023, according to the Bank of Korea (BOK).