Bank of Japan facts for kids
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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 JPY (ISO 4217) |
| Bank rate | 0%-0.10% |
| Preceded by | First National Bank |
| Website | www.boj.or.jp |
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.
Contents
History
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
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
- 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
Images for kids
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The Osaka branch of the Bank of Japan is seen in the top right of this 1930 aerial photograph. The wide street in front of the bank is part of the Mido-Suji.
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The place of the foundation of the Bank of Japan
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The head office of the Bank of Japan located in Nihonbashi Mainoucho, Chuo-ku, Tokyo.
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The Bank of Japan Osaka Branch
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The Bank of Japan Otaru Museum in Otaru, Hokkaido
See also
In Spanish: Banco de Japón para niños
