We have to watch economic conditions both at home and abroad, as well as developments of foreign exchange rates and energy prices" to gauge the outlook for Japan's
current account balance, a Finance Ministry official briefing reporters said.
For the last six years, Middle Eastern countries have had current account surpluses; not surprisingly, the sign and size of their
current account balances are positively correlated with the world price of oil.
In this regard it may be mentioned that private transfers helped the
current account balance to remain either in surplus or reasonably in deficit.
Both fiscal and
current account balances were positively affected by high copper prices during 1995.
The country's
current account balance has registered a surplus of 26 million dollars in the first half of current fiscal year (2010-11) primarily driven by massive decline in trade and services deficit and high foreign inflows.
It marks the seventh straight month of year-on-year improvement in the
current account balance, as many economists predict that the nation's economic recovery will continue in the months ahead on brisk exports, especially to China.
The report estimated that Turkey's
current account balance would increase to 3.
Summary: Japan's
Current Account Balance, when adjusted for fluctuations in the Yen exchange rate, surged to it's highest level since May 2008 to 1798.
On January 20, the Bank raised its
current account balance target from "around 27 to 32 trillion yen" to "around 30 to 35 trillion yen," in order to "reaffirm its policy stance to overcome deflation and ensure a continued recovery.
Current account balance (US$ bn)###253###372###436###297###270###325
Summary: New Zealand's
Current Account Balance improved from -NZ$4.
