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Japan Monetary Base Surges 51.9% In January

The monetary base in Japan spiked 51.9 percent on year in January, the Bank of Japan said on Tuesday, coming in at 200.414 trillion yen.

That follows the 46.6 percent surge in December, which stood at 193.459 trillion yen.

Banknotes in circulation were up 3.9 percent on year, while coins in circulation collected 1.1 percent.

Current account balances jumped an annual 149.7 percent, including a 145.6 percent spike in reserve balances.

The adjusted monetary base jumped 76.0 percent to 201.463 trillion yen.

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