Wednesday, October 2, 2013
Monetary Base Rises 46% On Year In Sept To Hit Record High
TOKYO (NQN)--Japan's monetary base for September rose 46% on the year to a record 181.7 trillion yen, the Bank of Japan said Wednesday.
The balance of current accounts jumped 140% to 93.74 trillion yen, also a record. For both categories, it was the seventh straight month of record highs.
At the end of September, the monetary base -- the sum of currency in circulation and commercial bank reserves kept at the central bank -- stood 185.55 trillion yen.
(Nikkei Quick News, Oct. 2)