Japan Monetary Base Rises 0.9% On Year In May
(RTTNews) - The monetary base in Japan was up 0.9 percent on year in May, the Bank of Japan said on Tuesday - coming in at 678.824 trillion yen.
That's down sharply from the 2.1 percent increase in April.
Banknotes in circulation fell an annual 1.3 percent, while coins in circulation were down 1.6 percent.
Current account balances rose 1.4 percent, including a 2.4 percent jump in reserve balances.
The adjusted monetary base was down 14.3 percent at 667.973 trillion yen.
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