The Bank of Japan's bold credit easing policy has sent its monetary base to a new record high for a 7th consecutive month.
The monetary base represents the amount of money the central bank supplies to the markets. It includes currency in circulation and deposits held at the BOJ by commercial banks.
The central bank said the monetary base totaled about 1.9 trillion dollars at the end of September. That's up nearly 5 percent in yen terms from August.
The BOJ has been injecting huge amounts of money into the markets since April, when they introduced aggressive monetary easing policies.
Source:NewsOnJapan
