Bank Of Japan Website

Posted by admin on February 11, 2010 under Central Bank | Be the First to Comment

BOJ Website

The Bank of Japan was born after the Meiji Restoration. Prior to the Restoration, Japan’s feudal fiefs all issued their own money, hansatsu, in an array of incompatible denominations, but the New Currency Act of Meiji 4 (1871) did away with these and established the yen as the new decimal currency. The former han (fiefs) became prefectures and their mints became private chartered banks which, however, initially retained the right to print money.

More information from BOJ website:

Bank of Japan official site

Related posts:

1. Bank Of Japan History