• Kyodo

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Japan’s monetary base stood at a record ¥305.88 trillion ($2.56 trillion) at the end of April, up 35.6 percent from a year earlier, as the Bank of Japan continued to provide more liquidity to raise the inflation rate to its targeted 2 percent, BOJ data showed Thursday.

The monetary base reached an all-time high for the ninth straight month and topped the ¥300 trillion line for the first time. The central bank took additional monetary easing steps last October to raise the pace of supplying funds.

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