ExecBriefEditorially accepted edition
JAENES
2026-11-04 · revision 4 · Information cutoff 2026-11-04T08:23:07.515737+00:00
COUNTRY

Japan

The Bank of Japan’s 4 November release shows October currency and reserve balances below a year earlier.

mixed

Bank of Japan publishes October monetary base

Summary

The 4 November release puts the October average 13.6% below a year earlier.

Implications

The balance combines banknotes and coins in circulation with financial institutions’ current accounts at the BOJ, including bank reserves.

What remains unknown

October 2026 average balances; released on 4 November.

What to verify next

The next release’s average balance and current-account component will show whether the contraction continues.

Evidence & reporting