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