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Japan Monetary Base Sinks 1.6% On Year In February

Por: RTTNews Business March 02, 2023

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The monetary base in Japan was down 1.6 percent on year in February, the Bank of Japan said on Thursday, coming in at 646.440 trillion yen.That beat forecasts for a drop of 3.2 percent following the 3.8 percent decline in January.Banknotes in circulation rose 2.6 percent on year, while coins in circulation slumped 3.8 percent. Current account balances fell an annual 2.5 percent, including a 3.6 percent drop in reserve balances.The adjusted... + full article



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