
TOKYO (dpa-AFX) - The monetary base in Japan was up 1.0 percent on year in July, the Bank of Japan said on Friday exceeding expectations for a gain of 0.9 percent and accelerating from 0.6 percent in June.
Banknotes in circulation were down 0.9 percent on year, including a 1.5 percent drop in coins in circulation.
Current account balances rose an annual 1.5 percent, including a 3.6 percent jump in reserve balances.
The adjusted monetary base was up 0.8 percent after slumping 6.5 percent a month earlier.
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