South Korea's current account surplus have narrowed from 2.11 billion to 229 million. When Korea's account stepped up they had capital inflows and exports competitive. The oil price is the main reason why the South Korea's account have been lowering. Because of the narrowed surplus the KOSPI and dollar have been having problem with the global economy.
As soon as possible hopefully the oil price should decrease so the account surplus would boost up like the past and the global economy get better.
http://www.businessweek.com/news/2011-02-24/south-korea-s-current-account-surplus-narrowed-in-january.html
Remember that this is due Fridays as well! 3 for the week.
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