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Japan current account records surplus of $6.85 billion

Japan current account records surplus of $6.85 billion

TOKYA:  Japan’s finance ministry data showed current account recorded a surplus for the fourth straight month in October, as a weak yen and income from investments overseas bolstered the balance of payments.

The surplus stood at 833.4 billion yen ($6.85 billion), against a median forecast for 366.3 billion yen.

In the same period a year earlier, the current account logged a deficit of 154.3 billion yen.

(1 US dollar = 121.6600 Japanese yen)