New data Current Account (Jan)
3/6/2025
actual 2.94, previous 12.37
The Current Account for South Korea in January is scheduled to be released. The actual value is reported at 2.94 billion KRW, which is a decrease of 9.43 billion KRW from the previous value. The market consensus estimate was 6.7 billion KRW, indicating that the actual value fell short of expectations. The previous value was 12.37 billion KRW. This economic indicator measures the difference between a country's savings and its investment. A positive current account balance indicates that the country is a net lender to the rest of the world, while a negative balance indicates that it is a net borrower. The impact of this event on the market is considered low.This is not investment advice. Remember to verify the information provided here.
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