S Korea's Aug current account surplus widens

Oct 2, 2007 - South Korea's current account surplus widened to a seasonally-adjusted US$1.83 billion in August from a revised US$1.69 billion surplus in July, central bank data showed on Tuesday.

For the first eight months of the year, South Korea's current account produced a seasonally-adjusted surplus of US$4.85 billion, compared with a US$1.52 billion surplus for the same period in 2006, the Bank of Korea data showed.

The data also showed that South Korea's overseas borrowing rose by a net US$7.85 billion in August after a net gain of US$6.00 billion in July.