Arab Today, arab today japans fy 2015 current account surplus doubles
Last Updated : GMT 21:09:51
Arab Today, arab today
Arab Today, arab today

Japan's FY 2015 current account surplus doubles

Arab Today, arab today

Arab Today, arab today Japan's FY 2015 current account surplus doubles

Japan's FY 2015 current account surplus doubles
Tokyo - QNA

Japan's current account surplus hit 17.98 trillion yen (165.90 billion U.S. dollars) in fiscal 2015, doubling that of a year earlier, aided by a drop in prices for crude oil and a hike in the number of tourists visiting Japan, the Finance Ministry has said.

    According to the ministry's preliminary report, a drop in global oil prices helped see import costs lowered commensurately during the recording period and helped change a deficit of of 6.59 trillion yen logged in 2014, to a surplus of 629.9 billion yen in fiscal 2015.

    Imports were down 11.8 percent to 72.51 trillion yen, with exports easing 3.3 percent to 73.14 trillion yen, the finance ministry also said, as the current account surplus soared to its highest level in five years, with a notable travel surplus also helping to widen margins.

    The finance ministry noted, in addition, that the travel surplus hit 1.27 trillion yen, the highest amount since record keeping began in 1996, as the yen's weakness has given foreign visitors more purchasing power here. The primary income account surplus rose 2.9 percent to 20.56 trillion yen, showing a rise in earnings from foreign investments, the government also said, while for the month of March alone, it said the balance stood at 2.98 trillion yen, posting a surplus for the 21st straight month. 

    Japan's current account surplus is one of the broadest measure of its trade with the rest of the world and the data is keenly eyed by the Bank of Japan and the finance ministry ahead of new potential policy changes or monetary easing or tapering measures. In Japan, the current account surplus increases the nation's net foreign assets by the corresponding amount, and a current account deficit does the reverse.

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 fy 2015 current account surplus doubles Arab Today, arab today japans fy 2015 current account surplus doubles

 



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 fy 2015 current account surplus doubles Arab Today, arab today japans fy 2015 current account surplus doubles

 



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 Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
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