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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

S.Korea expects $2.5 bln trade surplus in Feb

Posted on 23 February 2009

From Reuters: South Korea said it expects a surplus trade balance of around $2.5 billion in February from a deficit of $3.36 billion in January, due to weaker imports.

Exports by Asia’s fourth-largest economy are set to drop by less than 20 percent in February over a year ago after posting a record 33.8 percent loss in January, the Ministry of Knowledge Economy said in a statement on Sunday….. Full Article: Source


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