Forex News

Money supply M2 in Japan rose 2.8% in September

In September, the money supply M2 in Japan increased by 2.8 percent compared to the previous year, to 1.006.5 trillion yen, the Bank of Japan said on Friday.

The amount of M3 money increased by 2.5 percent to 1337.7 trillion yen – in line with expectations and unchanged from the previous month.

The amount of money L increased by 2.3 percent in annual terms to 1787.4 trillion yen – from a 2.2 percent growth in the month m earlier.