ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Japan's balance of stashed cash surging

Anxiety about the future prompts well-to-do Japanese to sock away more money

It is expensive to store cash in Japan.

TOKYO -- More Japanese are socking away their money in the form of cash, due to falling deposit interest rates resulting from the Bank of Japan's negative interest-rate policy, as well as concerns about future tax increases and tightened monitoring.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more