import increase 5

Current account deficit, export decline in the first half of the year, industry deficit overlaps, exchange rate ‘fluctuation’

From the current account deficit in November of last year and the current account deficit in the second half, the Bank of Korea forecasts that exports will decrease by 3.7% in the first half of this year, and major industries such as semiconductors, petrochemicals, and steel are expected to experience larger deficits, leading to greater exchange rate fluctuations. The Bank of Korea announced the..

경제 2023.01.10

Twin deficit, trade deficit Highest ever exchange rate 1,400 won to 144 yen to JPY

South Korea's exchange rate has entered the 1,400 won range from the largest trade deficit in history to a twin deficit, and the Japanese yen is continuing to break through the 144 yen per dollar level. Korea's trade deficit reached a record high of $9.47 billion in August, and the Bank of Korea announced for the first time the possibility of a current account deficit next month. After Chief Cab..

경제 2022.09.07

Increased imports continued to transcend exports, resulting in a surplus in transportation balance

Export growth rate was 15.2% in January and 20.6% in February, import growth rate was 35.3% in January and 25.1% in February. Exports in January increased by $9.28 billion (19.8%) to $56.13 billion, and imports increased by $14.19 billion (34.4%) to $55.46 billion in January, according to the Bank of Korea. Overseas securities investment by Koreans increased by $5.59 billion in January, which is..

카테고리 없음 2022.03.11

Imports doubled than exports, and domestic investment in foreign stocks doubled as foreign investment in domestic

As the rate of increase in imports rather than exports increased more steeply in the second half of last year and recently, Koreans' overseas stock investment has doubled than that of foreigners' domestic stock investment, which is focused on semiconductors. As of January 10, exports were $13.9 billion, up 24.4% ($2.74 billion) from the same period a year earlier, and imports increased by 57.1% ..

카테고리 없음 2022.01.11