Japan Monetary Base Rises 1.0% On Year In July

RTTNews | 159 days ago
Japan Monetary Base Rises 1.0% On Year In July

(RTTNews) - The monetary base in Japan was up 1.0 percent on year in July, the Bank of Japan said on Friday exceeding expectations for a gain of 0.9 percent and accelerating from 0.6 percent in June.

Banknotes in circulation were down 0.9 percent on year, including a 1.5 percent drop in coins in circulation.

Current account balances rose an annual 1.5 percent, including a 3.6 percent jump in reserve balances.

The adjusted monetary base was up 0.8 percent after slumping 6.5 percent a month earlier.

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BoJ Minutes: Japan Economy Growing Above Trend

BoJ Minutes: Japan Economy Growing Above Trend

Members of the Bank of Japan's Monetary Policy Board noted that Japan's economy is growing consistently and is expected to continue expanding above trend, minutes from the central bank's October 30-31 meeting revealed on Tuesday.
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BoJ Keeps Rate Unchanged For Third Straight Session

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