Japanese monetary base advanced
- Buz Traders Japanese monetary base On an annual basis, the monetary base in Japan advanced 22.70% in September. In the prior month, the monetary base had risen 24.20%.
- Japan’s monetary base stood at a fresh record high in September for the 10th consecutive month, owing to the Bank of Japan (BOJ) continuing to pump markets with liquidity under its multi-pronged easing measures to combat deflation, the central bank said Tuesday.
- According to the latest BOJ data, the monetary base at the end of last month, comprising cash in circulation and the balance of current account deposits held by financial institutions at the bank, stood at 412.84 trillion yen (4.04 trillion U.S. dollars), up 22 percent compared to the same time a year earlier.
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