Bank of Japan (BOJ)

The Bank of Japan is the Japanese central bank. The Bank of Japan is often called BOJ (abbreviation for Bank of Japan). It was founded in 1882.

The Bank of Japan has been independent from the Japanese government since the law of April 1, 1998. It issues the yen coins and bank notes, it puts in place the monetary policy; the BOJ does everything to maintain the yen stability and the financial stability of the system….

The current governor of the Bank of Japan is Mister Masaaki Shirakawa; he succeeded Mister Fukui Toshihiko on April 9, 2008.

The decisions of the monetary policy of the Bank of Japan are followed by the financial markets. With the Fed, the European Central Bank (ECB) and the Bank of England (BOE), the decisions of the bank of Japan are among those more followed by investors.