South Korea posted a current account surplus for the seventh straight month in November as exports slowly recovered despite the COVID-19 pandemic while imports and overseas trips saw a decline. 

According to the tentative data by the Bank of Korea on Friday, the country's current account surplus reached eight-point-97 billion U.S. dollars in November last year, up 50-point-three percent from the surplus tallied a year earlier. 

The current account has been in the black for seven straight months since the country logged a deficit of three-point-33 billion dollars in April of last year. 

The goods balance marked a surplus of nine-point-54 billion dollars in November, up two-point-15 billion dollars on-year.

Exports increased by one-point-one percent in the cited month on-year, while imports decreased by four-point-two percent. 

The combined current account surplus for the first eleven months of 2020 came to 63-point-94 billion dollars, up 14-point-nine percent from a year earlier.