S Korea's current account shortfall narrows sharply

---

SEOUL, Oct 30 (AFP): South Korea's current account deficit fell sharply in September from a record high in August, according to figures published today which are expected to prop up the shaky won.
The shortfall was 1.22 billion dollars in September compared with a deficit of 4.7 billion dollars the previous month, the Bank of Korea (BoK) said in a report.
"Falling oil prices are helping the trade balance shift to the black," central bank official Yang Jae-Ryong told reporters.
"Also, the shortfall in the service account is expected to narrow sharply on reduced overseas travel."