Japan’s Current-Account Surplus Bounces Back in February

Japan’s current-account surplus for February was 2.81 trillion yen ($25 billion), up from 65.5 billion yen in January, according to data released on Monday.

Japan has maintained current-account surpluses for years thanks to a typically positive trade balance and strong primary income from investments overseas. A recovery in exports is reinforcing this trend. The current-account surplus has also been large enough to land Japan on the U.S. Treasury’s currency watch list, the latest version of which is due this month.