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Japan Monetary Base Jumps 6.1% On Year In July

(RTTNews) - The monetary base in Japan was up 6.1 percent on year in July, the Bank of Japan said on Tuesday, standing at 98.935 trillion yen. That follows a 3.6 percent annual increase in June.
Banknotes in circulation rose 1.0 percent while coins in circulation eased an annual 0.4 percent.
Current account balances surged 39.8 percent on year, including a 38.3 percent annual spike in reserve balances.
Seasonally adjusted, the monetary base surged 35.2 percent to 99.826 trillion yen.

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