Bank of Japan
|Bank of Japan|
日本銀行 (in Japanese)
|Headquarters||Chuo, Tokyo, Japan|
|Coordinates||35°41′10″N 139°46′17″E / 35.6861°N 139.7715°E|
|Central bank of||Japan|
|ISO 4217 Code||JPY|
|Base borrowing rate||0%-0.10%|
|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. The main offices of the bank are in Chuo, Tokyo.
History[change | change source]
Matsukata Masayoshi founded the Bank of Japan in 1882 (Meiji 15). The bank was adapted from a Belgian banking model.
Changes based on other national banks were made part of bank regulations. BOJ was given a monopoly on controlling Japan's money supply in 1884.
The Bank of Japan issued its banknotes in 1885 (Meiji 18). In 1897, Japan joined the gold standard.
Location[change | change source]
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 The Neo-baroque Bank of Japan building in Tokyo was designed by Tatsuno Kingo in 1896.
Related pages[change | change source]
Notes[change | change source]
- ↑ Nussbaum, Louis-Frédéric. (2002). "Nihon Ginkō" in Japan encyclopedia, p. 708.
- ↑ Bank of Japan (BOJ), Location. Retrieved 2011-12-8.
- ↑ Roberts, George E. (1900). Annual report of the Director of the Mint (US), p. 393.
- ↑ 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. Retrieved 2012-10-17.
- ↑ 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".
More reading[change | change source]
- Werner, Richard A. (2003). Princes of the Yen: Japan's Central Bankers and the Transformation of the Economy. Armonk, New York: M.E. Sharpe. ISBN 9780765610485; OCLC 471605161
Other websites[change | change source]
Media related to Bank of Japan at Wikimedia Commons
- Bank of Japan official site (in English);  (in Japanese)
- Building a National Currency—Japan, 1868-1899 Archived 2007-11-02 at the Wayback Machine