Bank Of Japan - BoJ

AAA

DEFINITION of 'Bank Of Japan - BoJ'

Headquartered in the business district of Nihonbashi in Tokyo, the Bank of Japan is the Japanese central bank. The bank is responsible for issuing and handling currency and treasury securities, implementing monetary policy, maintaining the stability of the Japanese financial system, and providing settling and clearing services.

Like most central banks, the Bank of Japan also compiles and aggregates economic data and produces economic research and analysis.

INVESTOPEDIA EXPLAINS 'Bank Of Japan - BoJ'

At the time of writing (mid-2006), the governor of the Bank of Japan is Masaaki Shirakawa, who assumed the post in April 2008. The bank's headquarters in Nihonbashi are located on the site of a historic gold mint, which is located close to the city's Ginza, or "silver mint", district.

The Bank of Japan issued its first currency notes in 1885 and, with the exception of a brief period following the Second World War, it has operated continuously ever since.

RELATED TERMS
  1. Lost Decade

    The 1990s for Japan, and the first decade of the current millennium ...
  2. Financial Services Agency - FSA ...

    The Japanese government entity responsible for overseeing banking, ...
  3. Japanese Housewives

    In the foreign exchange world, a collective term for the legions ...
  4. Monetary Policy

    The actions of a central bank, currency board or other regulatory ...
  5. Open Market Operations - OMO

    The buying and selling of government securities in the open market ...
  6. Bank Of Canada - BOC

    The central bank of Canada, that came into existence after the ...
Related Articles
  1. Investing

    Who determines interest rates?

    In countries using a centralized banking model, interest rates are determined by the central bank. In the first step of interest rate determination, the government's economic observers create ...
  2. Personal Finance

    How The U.S. Government Formulates Monetary Policy

    Learn about the tools the Fed uses to influence interest rates and general economic conditions.
  3. Forex Education

    Get To Know The Major Central Banks

    The policies of these banks affect the currency market like nothing else. See what makes them tick.
  4. Personal Finance

    What Are Central Banks?

    They print money, they control inflation, and much, much more. All you need to know about central banks is here.
  5. Personal Finance

    The Lost Decade: Lessons From Japan's Real Estate Crisis

    Find out what America can learn from Japan's liquidity trap and credit crunch.
  6. Economics

    What's the highest year-over-year inflation rate in the history of the U.S.?

    Learn about periods with the highest inflation in U.S. history and the mandated role of the U.S. Federal Reserve in controlling inflation.
  7. Investing

    The Increasing Importance Of The Reserve Bank of India

    With the Indian economy accounting for a great share of the global economy, the RBI is poised to become one of the world’s leading central banks.
  8. Investing Basics

    What's the lowest year-over-year inflation rate in the history of the U.S.?

    Learn about years with the lowest year-over-inflation in U.S. history. Read about how inflation is calculated using the consumer price index or estimates of it.
  9. Personal Finance

    What is the difference between inflation and deflation?

    Determine how inflation and deflation affect prices and employment. Economies frequently teeter between these two economic conditions.
  10. Bonds & Fixed Income

    End of Fed's Bond-Buying Program: 7 Things To Know

    This article helps investors understand the economic and financial effects that result when a central bank (like the Fed) ends its bond purchase program.

You May Also Like

Hot Definitions
  1. Deferred Revenue

    Advance payments or unearned revenue, recorded on the recipient's balance sheet as a liability, until the services have been ...
  2. Multinational Corporation - MNC

    A corporation that has its facilities and other assets in at least one country other than its home country. Such companies ...
  3. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
  4. Simple Interest

    A quick method of calculating the interest charge on a loan. Simple interest is determined by multiplying the interest rate ...
  5. Special Administrative Region - SAR

    Unique geographical areas with a high degree of autonomy set up by the People's Republic of China. The Special Administrative ...
  6. Annual Percentage Rate - APR

    The annual rate that is charged for borrowing (or made by investing), expressed as a single percentage number that represents ...
Trading Center