Bank-of-japan meaning

Japan’s central bank, which is responsible for a variety of monetary policy functions. Its mission is to pursue price stability. It also is responsible for maintaining an electronic settlement system to transfer treasury funds, receiving tax payments, paying public works expenditures, and handling public pension accounts. The BOJ provides accounting services for government agencies, issues banknotes (called Bank of Japan notes), and issues securities for the government. The BOJ also carries out intervention policies in the foreign exchange market for the Ministry of Finance.
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