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2018.11.0120:07:00UTC+00Japan Monetary Base Gains 5.9% On Year In October

The monetary base in Japan was up 5.9 percent on year in October, the Bank of Japan said on Friday - coming in at 501.619 trillion yen.

That was unchanged from the previous month, which also saw a 5.9 percent jump.

Banknotes in circulation climbed 3.8 percent on year, while coins in circulation added an annual 1.0 percent.

Current account balances climbed 6.5 percent, including a 5.3 percent jump in reserve balances.

The adjusted monetary base surged 9.6 percent on year to 501.016 trillion yen.

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