Foreigners' card spending beats Koreans' overseas spending
Foreigners' card
Seoul - Yonhap
The amount of credit card spending by foreigners in Korea outweighed that by Koreans on overseas trips for the first time, central bank data showed Friday.
Credit card spending by foreigners reached US$3.27 billion in the third quarter, up 12.2 percent from three months earlier. In the same period, credit card spending by Koreans on overseas trips rose 7.6 percent on-quarter to $3.2 billion, according to the data by the Bank of Korea.
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