Bank of Japan
| Bank of Japan 日本銀行 (Japanese) |
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| Headquarters | Chuo, Tokyo, Japan | ||
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| Coordinates | 35°41′10″N 139°46′17″E / 35.6861°N 139.7715°E | ||
| Established | 1882 | ||
| Governor | Masaaki Shirakawa | ||
| Central bank of | Japan | ||
| Currency | Japanese yen | ||
| ISO 4217 Code | JPY | ||
| Base borrowing rate | 0%-0.10% | ||
| Website | www.boj.or.jp | ||
| Preceded by | First National Bank | ||
The Bank of Japan (日本銀行 Nippon Ginkō, BOJ), also known as Nichigin (日銀), is the central bank of Japan.[1] The main offices of the bank are in Chuo, Tokyo.[2]
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[change] History
The Bank of Japan was founded after the Meiji Restoration in 1882 (Meiji 15). The bank was adapted from a Belgian banking model.[3]
Changes based on other national banks were made part of bank regulations.[4] BOJ was given a monopoly on controlling Japan's money supply in 1884.[5]
The Bank of Japan issued its banknotes in 1885 (Meiji 18). In 1897, Japan joined the gold standard.[6]
[change] Location
The Bank of Japan is headquartered in Nihonbashi, Tokyo, on the site of a former gold mint (the Kinza). It is near the Tokyo's Ginza district[7] The Neo-baroque Bank of Japan building in Tokyo was designed by Tatsuno Kingo in 1896.
[change] See also
[change] Notes
- ↑ Nussbaum, Louis Frédéric et al. (2002). "Nihon Ginkō" in Japan encyclopedia, p. 708.
- ↑ Bank of Japan (BOJ), Location; retrieved 2011-12-8.
- ↑ Vande Walle, Willy et al. "Institutions and ideologies: the modernization of monetary, legal and law enforcement 'regimes' in Japan in the early Meiji-period (1868-1889)" (abstract). FRIS/Katholieke Universiteit Leuven, 2007.
- ↑ Longford, Joseph Henry. (1912). Japan of the Japanese, p. 289.
- ↑ Cargill, Thomas et al. (1997). The political economy of Japanese monetary policy, p. 10.
- ↑ Nussbaum, "Banks" at p. 70.
- ↑ The name of Tokyo's Ginza district means "silver mint".
[change] More reading
- Werner, Richard A. (2003). Princes of the Yen: Japan's Central Bankers and the Transformation of the Economy. Armonk, New York: M.E. Sharpe. 10-ISBN 0765610485; 13-ISBN 9780765610485; OCLC 471605161
[change] Other websites
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