Japan's monetary base rises for 17th consecutive month
www.chinaview.cn 2009-12-02 09:37:12   Print

    TOKYO, Dec. 2 (Xinhua) -- Japan's monetary base rose by 3.8 percent compared with a year earlier in October, according to data released Wednesday by the Bank of Japan.

    It was the 17th consecutive month that the base has risen. Since April, however, the size of the increases has been steadily declining. In October, the base rose by 4.4 percent.

    Current account balances also grew by 43.4 percent year on year.

    The amount of money in the economy in November, however fell, standing at 92.2042 trillion yen for the month, compared with 92.8609 trillion yen for September.

    The figures, which are released every month, calculate the amount of money in Japan by adding together the total amount of notes, coins and current account balances in the nation.

Special Report:  Global Financial Crisis

Editor: Lin Zhi
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