(LEAD) S. Korea posts record high current account surplus of over US$60 bln in Sept. on chip supercycle

What happened: South Korea posted an all-time high monthly current account surplus in September, driven by strong semiconductor exports, according to Bank of Korea data. Key numbers: September surplus $61.46 billion, up from $46.11 billion in the prior month and $14.22 billion a year earlier. Previous record $49.73 billion in June. Nine-month total $340.66 billion. Third-quarter surplus $149.65 billion. Why it matters: The BOK expects the annual surplus to exceed its $450 billion forecast and sees another record high in December on year-end seasonal effects. Coverage: 3 outlets in 24h

South Korea posted an all-time high monthly current account surplus in September, driven by strong semiconductor exports, according to Bank of Korea data.

The BOK expects the annual surplus to exceed its $450 billion forecast and sees another record high in December on year-end seasonal effects.