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Japan Monetary Base Climbs 7.4% On Year … RTRS July 03, 2018 at 06:11AM

Japan Monetary Base Climbs 7.4% On Year … RTRS

 

Japan Monetary Base Climbs 7.4% On Year In June

The monetary base in Japan advanced 7.4 percent on year in June, the Bank of Japan said on Tuesday – coming in at 493.363 trillion yen.

That follows the 8.1 percent gain in May.

Banknotes in circulation added 4.2 percent on year, while coins in circulation were up 1.0 percent.

Current account balances jumped 8.9 percent, including a 6.7 percent jump in reserve balances.

For the second quarter of 2018, the monetary base gained an annual 7.8 percent.

by RTTNews Staff Writer

 

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