Bank of Japan 日本銀行 (in 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]
Matsukata Masayoshi founded the Bank of Japan in 1882 (Meiji 15).[3] The bank was adapted from a Belgian banking model.[4]
Changes based on other national banks were made part of bank regulations.[5] BOJ was given a monopoly on controlling Japan's money supply in 1884.[6]
The Bank of Japan issued its banknotes in 1885 (Meiji 18). In 1897, Japan joined the gold standard.[7]
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[8] The Neo-baroque Bank of Japan building in Tokyo was designed by Tatsuno Kingo in 1896.
Media related to Bank of Japan at Wikimedia Commons
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