Japan monetary base up 36% yoy
Monetary Base Up 36% On Year June, Hits Record High
TOKYO (NQN)--Japan's monetary base rose 36% on the year in June to 163.53 trillion yen, marking the 14th straight month of increases, the Bank of Japan said Tuesday.
The balance of current accounts was 76.15 trillion yen, up 114.5%. Both figures hit record highs for the fourth straight month.
The monetary base at the end of the month, which the BOJ began releasing data on in April, was 173.12 trillion yen. That was up from 159.16 trillion yen at the end of May.
The monetary base is the sum of currency in circulation and commercial bank reserves at the central bank.
=> catching up with other central banks
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