Bank of Japan
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]
| 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 | ||
| 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 | ||
History
changeMatsukata 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]
Location
changeThe 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.
Related pages
changeNotes
change- ↑ 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- 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
Media related to Bank of Japan at Wikimedia Commons
- Bank of Japan official site (in English); [1] (in Japanese)
- Building a National Currency—Japan, 1868-1899 Archived 2007-11-02 at the Wayback Machine