SEOUL, July 5 (Xinhua) -- South Korea's current account surplus hit an eight-month high at 8.68 billion U.S. dollars in May, keeping a surplus trend for 75 months in a row, central bank data showed Thursday.
Current account balance, the broadest measure of cross-border capital flow, was 8.68 billion U.S. dollars in May, staying in the black for 75 months since March 2012, according to the Bank of Korea (BOK).
The May figure was the highest since September last year, rebounding from a six-year low of 1.77 billion U.S. dollars in the previous month.
The rebounding current account surplus was led by robust global demand for locally-made semiconductors.
Helped by strong chip exports, outbound shipment of goods rose to 53.78 billion U.S. dollars in May, the biggest since September last year.
Imports stood at 42.39 billion U.S. dollars, sending the May trade surplus for goods in May to 11.39 billion U.S. dollars. The surplus was the highest since November last year.
Services account balance posted a deficit of 2.09 billion U.S. dollars in May, up from a deficit of 1.98 billion U.S. dollars in April.
