• Kyodo News

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Japan’s monetary base grew 4.5 percent in September compared with a year ago, rising for the 13th month straight, the Bank of Japan said Friday, as the central bank kept injecting liquidity into the financial system to fight the recession.

The average daily balance of the monetary base — cash in circulation and the balance of current-account deposits held by financial institutions at the BOJ — climbed to ¥92.39 trillion.

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