Japan Shows an Unexpected Trade Surplus

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Source: Bloomberg
Drop in oil prices has resulted in the first decline in imports since 2009 for Japan. On Wednesday, Finance Ministry in Tokyo reported that imports decreased 2.2% from a previous year, as result a trade surplus amounted to 61.7 billion Yen ($789 million). The Yen rose to 78.10 versus the U.S. Dollar after the announcement.
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