Japan's quake damage to cut nation's surplus in 1st half 

By @ibtimes on

Amid the devastating earthquake that hit Japanese economy on March 11, which has a negative impact on the nation's trade balance surplus during the first six months of the year. The nation's exports may slide in the aftermath of this month's record earthquake, while the nation's imports will increase at the same period.

Moreover, the quake's damage has affected on the Yen, decreasing the value of the Japanese currency, also the demand for the Yen may retreat by the Japan's government, due to the nation aimed to pay damage costs which it estimates about 25 trillion yen ($201 billion).

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