Record Japanese long-term capital outflows
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- Princes of the Yen whole source · open book
In 1987 another record was set when a tide of $137 billion swept over the exchanges, followed by outflows of $ 131 billion the following year. In 1987 the net long-term capital outflows were almost twice as large as the already record-breaking current account surplus.
chapter: 8. Mysterious Money: The Ebb and Flow of the Yen
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- Richard Werner author of the source