▶ Balance of Payments during October 2018(preliminary)
(1) During October 2018 the Korean current account registered a surplus of 9.19 billion dollars.
― The goods account surplus widened to 11.0 billion dollars, compared to the 8.60 billion dollar surplus in October of last year.
― The services account deficit was 2.22 billion dollars, down from 3.53 billion dollars one year before owing to an improvement in the travel account.
― The primary income account surplus narrowed to 0.96 billion dollars compared to 1.17 billion dollars in October of 2017, in line with an increase in the payments of interest income account.
― The secondary income account showed a 0.54 billion dollar deficit.
(2) Looking at the financial account, net assets expanded by 10.59 billion dollars during October.
― Direct investment assets grew by 4.32 billion dollars, and direct investment liabilities by 0.96 billion dollars.
―There was a 2.67 billion dollar increase in portfolio investment assets during the month, and a 4.08 billion dollar decrease in portfolio investment liabilities.
― Financial derivatives posted net growth of 0.77 billion dollars.
― In terms of other investment, there were decreases of 3.09 billion dollars in assets and 0.64 billion dollars in liabilities.
― Reserve assets expanded by 2.16 billion dollars.
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