(MENAFN) South Korea will unveil measures to boost its outbound investment to make use of accumulated dollars and reduce possible risks from the excessive current account surplus, Yonhap News reported.
In March, South Korea's current account surplus jumped 41.9 percent to USD10.39 billion. The Bank of Korea projected a record high of USD96 billion in the current account surplus for 2015 on crude oil prices.
A rise in the current account surplus means a higher flow of dollars and generally it is good for an economy as it could serve as a stronger line of defense against external market turbulence.
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