Bank of Japan

The Banque of Japan (日本銀行, Japanese ginkō , of Japanese , Japan and ginkō , banks) is the Central bank Japan. One often meets the abbreviation BoJ which comes from English Bank off Japan .

It acquired its theoretical independence with respect to the government by the law of April 1st 1998; this independence (with respect to the government) is sometimes questioned.

It is charged to emit the parts and tickets of Yen S, to set up the monetary policy, to ensure the financial stability of the financial system, and to lead the policy of foreign exchange rate.

BoJ forms part with the Federal fund of the United States (EDF) and the European Central bank (ECB) of the three principal central banks of the world.

At dated September 20th, 2007, the Taux of refinancing (principal directing Rate) is to 0.5%.

Governors

The governor of the central bank names himself, in Japanese, so-its-I (総裁)

Araki Eikichi (October 9th, 1945 - January 1st, 1946)
Ichimada Hisato (January 1st, 1946 - December 10th, 1954)
Araki Eikichi (December 11th, 1954 - November 30th, 1956)
Yamagiwa Masamichi (November 30th, 1956 - December 17th, 1964)
Usami Makoto (December 17th, 1964 - December 16th, 1969)
Sasaki Tadashi (December 17th, 1969 - December 16th, 1974)
Morinaga Teiichiro (December 17th, 1974 - December 16th, 1979)
Mayekawa Haruo (December 17th, 1979 - December 16th, 1984)
Sumita Satoshi (December 17th, 1984 - December 16th, 1989)
Mieno Yasushi (December 17th, 1989 - December 16th, 1994)
Matsushita Yasuo (December 17th, 1994 - March 20th, 1998)
Hayami Masaru (March 20th, 1998 - March 19th, 2003)
Fukui Toshihiko (March 20th, 2003 -)

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