The Bank of Japan's bold credit easing policy has sent its monetary base to a record high for an 8th consecutive month.
The central bank says the amount of money it supplies to markets totaled more than 1.9 trillion dollars at the end of October. That's up 2.3 percent from September in yen terms.The monetary base has grown 30 percent since the end of last March, just before the BOJ began introducing massive easing measures.
The bank is trying to double the base in 2 years and pull the country out of a long period of deflation.
NewsOnJapan
The bank is trying to double the base in 2 years and pull the country out of a long period of deflation.
NewsOnJapan
