India, July 7 -- South Korea posted a current account surplus of $38.61 billion in May, the Bank of Korea said on Wednesday - up from $28.29 billion in April.

The goods account saw a $37.86 billion surplus as exports surged an annual 62.9 percent to $94.34 billion and imports jumped 22.2 percent to $56.48 billion.

The services account posted a $1.09 billion deficit owing to deficits in the other business services and the manufacturing services accounts.

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