Financial News: Japan Monetary Base Climbs 2.1% On Year In

Japan Monetary Base Climbs 2.1% On Year In April

05/01/2024 - 20:11:00 (RTTNews)

(RTTNews) - The monetary base in Japan was up 2.1 percent on year in April, the Bank of Japan said on Thursday - coming in at 689.896 trillion yen.

That's up from 1.6 percent in March.

Banknotes in circulation fell 1.0 percent on year, while coins in circulation fell an annual 1.7 percent.

Current account balances improved 2.8 percent on year, including a 3.5 percent increase among reserve balances.

The adjusted monetary base spiked 11.4 percent on year.

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