The Bank of Japan is Japan’s central bank, established in 1882 and headquartered in Tokyo.
It was created under the Bank of Japan Act and began operations on October 10, 1882. The institution is responsible for issuing banknotes, conducting monetary policy, and supporting the stability of Japan’s financial system.
The Bank of Japan is commonly abbreviated as BOJ or, in Japanese, Nichigin. It is distinct from the Ministry of Finance, which handles government fiscal policy. A frequently asked neighbouring fact is that the Bank of Japan became a legal corporation under the Bank of Japan Act of 1942, although its origins date to the nineteenth century.