Japan's monetary base rises for 14th consecutive month
Japan's monetary base rises for 14th consecutive month
10:12, November 04, 2009 
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Japan's monetary base rose by 6.1 percent compared with a year earlier in October, according to data released Wednesday by the Bank of Japan.
It was the 14th consecutive month that the base has risen.
Current account balances also grew by 43.8 percent year on year.
The amount of money in the economy also rose in October, standing at 92.8609 trillion yen (1.03 trillion dollars) for the month, compared with 92.3942 trillion yen (1. 02 trillion dollars) 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.
Source:Xinhua
It was the 14th consecutive month that the base has risen.
Current account balances also grew by 43.8 percent year on year.
The amount of money in the economy also rose in October, standing at 92.8609 trillion yen (1.03 trillion dollars) for the month, compared with 92.3942 trillion yen (1. 02 trillion dollars) 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.
Source:Xinhua
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