S. Korea's export and import prices fall for first time in five months in June

S. Korea's export and import prices fall for first time in five months in June

South Korea's export and import prices fell for the first time in five months in June.br The Bank of Korea says the export price index came to 100-point-nine-five in June, down more than two percent from May due to the stronger local currency.br The won-dollar exchange rate rose zero-point-six percent on-month to one-thousand-one-hundred-76 won against the greenback.br The export prices of electronic goods and petrochemical goods fell sharply.br Import prices dropped more than three percent on-month in June mainly on lower global oil prices.br South Korea's benchmark Dubai crude oil prices slumped eleven percent on-month to around 62 U.S. dollars a barrel in June.


User: Arirang News

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Uploaded: 2019-07-12

Duration: 00:50

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