Sudden!The Moscow Exchange suspended the yen trading to cancel its status of its transaction mortgage!Japan's frequent project surplus fell by 63.1%in the first half of the year, the lowest level in 8 years

CCTV News, the Russian Moscow Stock Exchange began to suspend the Japanese -related foreign exchange transactions to the Ruber and the US dollar to yen on August 8. Analysts believe that this move is mainly related to potential risks in the settlement of the yen.

The Moscow Exchange trading system on the day showed that the yen and the dollar -US dollar pair of yen trading data have stopped updating. In addition, since the day, the yen is no longer accepted as a mortgage in the Moscow Exchange's market.

Picture source: Xinhua News Agency

The Moscow Exchange announced on July 25. The exchange stated that the obligations involved in the previously completed transactions will be fulfilled as usual, and the exchanges will "take all necessary actions to restore the Japanese yen transactions later."

Russian foreign exchange trading practitioners Watshiko told Russia that the suspension of Japanese yen transactions on the Moscow Exchange is more like a signal for investors, indicating that there is a risk of currency in Russia's unwell -friendly countries. Essence

Since March this year, Japan has imposed a series of sanctions on Russia, and Russia and Japan have declined. Russian Financial Analysts, Bicallyyev, believes that the United States may restrict Russia with Japanese yen settlement and transactions, and the violent fluctuations in the yen exchange rate will cause investors to suffer losses.

Since March this year, Japan has imposed a series of sanctions on Russia. According to Russian media reports, Japan's import ban on Russia's gold will take effect on August 1.

The Ministry of Finance of Japan announced preliminary statistics on August 8th, including trade revenue and expenditure and investment income. In the first half of this year, Japan ’s international revenue and expenditure project surplus was 3505.7 billion yen, a decrease of 63.1%compared with the same period last year. Among them, the frequent project deficit in June was 132.4 billion yen.

According to a report by Xinhua News Agency on August 8, the preliminary statistical report released by the Ministry of Finance on the 8th on the 8th shows that due to the rising price of imported goods such as crude oil, the sharp depreciation of the yen has deteriorated. The sharp decline is the minimum level in the same period since 2014.

Photo source: Photo Network-500450700

Data show that the Japanese frequent project surplus in the first half of the year was 350.57 trillion yen (about 135 yen), a year -on -year decrease of 60021 trillion yen.

Among them, in terms of cargo trade, trade revenue and expenditure has changed from a surplus to the deficit in the same period last year, with a deficit of 566.88 trillion yen; in terms of service trade, the trade deficit continued to expand to 249.47 trillion yen. This has changed the overall trade income and expenditure from the surplus of the same period last year to the deficit, with a deficit of 8.1634 trillion yen.

In the first half of the year, benefiting from the depreciation of the yen, Japan's overseas investment income increased by 2.3563 trillion yen year -on -year to 1.28728 trillion yen.

The report shows that in the case of deficit between goods trade and service trade, the maintenance of overseas investment income is the main reason why Japan can maintain regular project surplus.

According to CCTV News, President President Presses Pesov said on August 8 that Russia's increase in share with other countries with other countries is not to make the US dollar collapse. Many countries are now worried that the dollar is no longer a reliable reserve currency. It is the country that issued the US dollar that has shaken the international community's confidence in the US dollar. Therefore, many countries are looking for methods to reduce the U.S. dollar's share in trade and increase the share of the local currency. Russia and Turkey's agreement with rubles pay some natural gas costs is a very important step. Russia hopes that in the future, the share of the domestic currency in international trade will continue to grow.

Daily Economic News Integrity From CCTV News, Xinhua News Agency

Daily Economic News

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