Japan reported a record monthly trade surplus.
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The $8.22-billion surplus for July came despite the steep appreciation in the value of the yen that makes Japanese products more expensive abroad, the Finance Ministry said. The ministry figures also showed that Japan’s exports to the United States jumped 28.5% last month from a year ago to a record $7.48 billion, surpassing the previous high of $7.02 billion set in April.
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