Japan February Monetary Base +11.3% On Year

The monetary base in Japan was up 11.3 percent on year in February, the Bank of Japan said on Friday, standing at 112.44 trillion yen.

That follows the 15.0 percent annual expansion in January.

Banknotes in circulation were up 2.2 percent on year, while coins in circulation added 0.1 percent on year. Current account balances spiked an annual 52.8 percent, including a 51.9 percent surge in reserve account balances.

The adjusted monetary base plummeted 23.6 percent on year to 115.170 trillion yen.