Japan sees record low current account surplus in FY-\\\'13

TOKYO, May 12 (Xinhua): Japan's current account surplus in fiscal year of 2013 ending in March, reached record 789.9 billion yen (US$7.75 billion), the lowest level since comparable data became available in fiscal year of 1985, local media reported Monday.
The surplus in the current account balance, one of the widest gauges of international trade, was down 81.3 per cent from a year earlier, the Finance Ministry said in a preliminary report.
For March alone, Japan logged a surplus of 116.4 billion yen ($1. 14 billion), down 90.9 per cent from a year earlier.
The yen slid versus the US dollar by 20.8 per cent since the beginning of 2013.