Arab Today, arab today japans current account surplus up in fiscal 2014
Last Updated : GMT 04:23:09
Arab Today, arab today
Arab Today, arab today

Japan's current account surplus up in fiscal 2014

Arab Today, arab today

Arab Today, arab today Japan's current account surplus up in fiscal 2014

Japan's Finance Ministry
Tokyo - QNA

Japan's current account surplus in fiscal 2014 expanded to 7.81 trillion yen, or about 65 billion dollars, on the back of falling crude oil prices and a surge in foreign tourists.

Japan's Finance Ministry said on Wednesday the surplus in the current account balance grew by about 52 billion dollars for the year. It is the first time in 4 years that the surplus widened, according to Japan's (NHK WORLD) website.

The current account balance is a primary measure of a country's trade and investment with other nations.

The trade account balance, or exports minus imports, posted a deficit of approximately 55 billion dollars.

But falling crude oil prices pushed down the value of imports, slashing the deficit by about 37 billion dollars from fiscal 2013.

The travel account balance, a subcategory of the service account, went into the black for the first time in 55 years, thanks to a record number of foreign tourists visiting Japan.

The turnaround served to cut the deficit in the service account balance as a whole.

The primary income account balance, which shows the value of interest and dividends earned overseas, logged a surplus of about 160 billion dollars, the highest since 1985. This reflects increasing overseas investment by Japanese companies.

The Finance Ministry also said the current account balance for March stood at about 23 billion dollars, remaining in positive territory for the 9th straight month.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japans current account surplus up in fiscal 2014 Arab Today, arab today japans current account surplus up in fiscal 2014

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japans current account surplus up in fiscal 2014 Arab Today, arab today japans current account surplus up in fiscal 2014

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday