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SEOUL, April 3 Asia Pulse - South Korea's current account balance may fall short of its target of US$15 billion this year due to an increase in imports, a senior government official said Monday.
The country's current account balance swung to a deficit for the first time in six months in February because of a decline in the trade surplus and a widening service account shortfall, the nation's central bank said last week.
"We expect the balance to return to the black from May ... but the surplus may fall below $10 billion this ...