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Bank of Japan
(redirected from BOJ)

    Also found in: Dictionary/thesaurus, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Bank of Japan
The central bank of Japan. It is responsible for issuing the yen, setting monetary policy, issuing Japanese government securities, and providing settlement in order to preserve a strong financial industry. It works closely with the Japanese government. It was established in 1882.
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While the central bank sidestepped a decision about what to do with its corporate debt purchasing programs at its two-day policy meeting through Wednesday, BOJ Governor Masaaki Shirakawa made it clear that even if the BOJ starts unwinding its emergency steps, it does not mean the beginning of a full-fledged exit strategy involving interest rate hikes.
LEAD: FOCUS: BOJ may end emergency steps soon, but real exit still ... by Japan Weekly Monitor
The BOJ has maintained the zero-interest-rate policy since February last year.
BOJ rate hike would benefit Asia: World Bank official by Asian Economic News
At its previous policy meeting in August, the BOJ maintained its cautious economic outlook, saying Japan's economy had ''stopped worsening'' due to pickups in exports and output but that the outlook was attended by a ''significant level of uncertainty.
LEAD: BOJ starts policy meeting, may upgrade economic assessment by Japan Weekly Monitor
 
 
 
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