Bank of Japan
The Bank of Japan is Japan's central bank. It sets monetary policy, issues the yen, and supports financial system stability.
The Bank of Japan operates RTGS infrastructure and provides liquidity to banks in times of stress. Official site: Bank of Japan.
Related Terms
Central Bank
A central bank is a country's monetary authority responsible for issuing currency, setting monetary ...
JPY
Japanese Yen
JPY is the official currency of Japan and the third most traded currency in the world. Unlike most c...
RTGS
Real-Time Gross Settlement
RTGS is a funds transfer system where money moves from one bank to another on a real-time and gross ...
Interest
Interest is the cost of borrowing money or the return earned on deposited funds, typically expressed...
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