Tuesday, April 24, 2007

Japan's March Trade Surplus Widens to Record as Weaker Yen Boosts Exports

(Bloomberg) -- Japan's trade surplus widened to a record in March as companies shipped more goods to the U.S. and China and a weaker yen increased the value of exports.

The surplus rose 73.9 percent to 1.633 trillion yen ($14 billion) from a year earlier, the Ministry of Finance said today in Tokyo. The median estimate of 35 economists surveyed by Bloomberg News was for the surplus to widen to 1.38 trillion yen.


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