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BANK OF JAPAN : Japan Monetary Base Surges 33.3% In August

09/01/2015 | 08:17pm US/Eastern

CANBERA (Alliance News) - The monetary base in Japan soared 33.3% on year in August, the Bank of Japan said on Wednesday, coming in at 322.926 trillion yen.

That follows the 32.8% spike in July.

Banknotes in circulation added 5.3% on year, while coins in circulation added 0.6%. Current account balances surged 50.3%, including a 49.6% spike in reserve balances.

The adjusted monetary base jumped an annual 41.0%.

Copyright RTT News/dpa-AFX, source Alliance News

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