Japan Monetary Base Rises 4.7% On Year In January

TOKYO (Alliance News) - The monetary base in Japan was up 4.7% on year in January, the Bank of ...

Alliance News 4 February, 2019 | 12:16AM
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TOKYO (Alliance News) - The monetary base in Japan was up 4.7% on year in January, the Bank of Japan said on Monday - coming in at 499.779 trillion yen.

That follows the 4.8% increase in December.

Banknotes in circulation were up 3.3% on year, while coins in circulation added an annual 1.2%. Current account balances advanced 5.2% on year, including a 3.7% jump in reserve balances.

The adjusted monetary base sank 0.4% on year after sliding 0.2% in the previous month.

Copyright RTT News/dpa-AFX

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