RTTNews - The monetary base in Japan was up 6.1 percent on year in August, the Bank of Japan said on Wednesday, coming in at 93.3 trillion yen. The monetary base also had risen an annual 6.1 percent in July.
Banknotes in circulation were up 0.5 percent on year, while coins in circulation eased an annual 0.2 percent. Current account balances surged 64.6 percent on year, including a 56.2 percent reserve balance.
Seasonally adjusted, the monetary base climbed 3.6 percent to 94.19 trillion yen - up from 93.91 trillion yen in July, which saw a 6.9 percent contraction.
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