CCTV.com - CNTV English - CCTV News


Homepage > News > Biz >

Japan's monetary base leaps 23.9% in April

05-06-2011 09:51 BJT

TOKYO, May 6 (Xinhua) -- The monetary base in Japan shot up 23. 9 percent in April from a year earlier, rising for the 32nd consecutive month from a 16.9 percent annual increase logged in the previous month, the Bank of Japan (BOJ) said in a report on Friday.

The average daily balance of the monetary base stood at 121.893 trillion yen (1.51 trillion U.S. dollars), compared to 112.7432 trillion yen booked a month earlier, the central bank said.

The BOJ has ensured that since the March 11 twin disasters that devastated regions in the east and northeast of Japan there is enough liquidity in money markets to so that banks and other financial institutions can continue lending not just to the public, but also to each other.

The central bank said that banknotes in circulation in the recording period increased 3.7 percent on year and coins in circulation edged up 0.1 percent.

The current account balances jumped 123.4 percent on year, with a 109.3 percent annual increase in reserve balances, the central bank's data showed.

On a seasonally adjusted basis, the monetary base increased 119. 5 percent to an annualized 119.740 trillion yen the BOJ said.

Editor:Yang Jie |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program