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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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Bank of Japan (BoJ)

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Glossary
Reading time: 1 minute(s)
The Bank of Japan is the central bank of Japan, established in 1882 in Tokyo, Japan. Find out what role it plays in today's economy, and why it matters it your trading.

Table of contents

  • The Bank of Japan is the central bank of Japan, established in 1882 in Tokyo, Japan.
  • The Governor of the Bank of Japan is Haruhiko Kuroda.

 What are the objectives of the Bank of Japan?

The objectives of the BoJ are established in the Minutes of the Bank of Japan, and set out the following objectives:

  • Issue banknotes and carry out monetary and currency control.
  • Ensure the settlement of funds in a fluid manner between banks and other financial institutions, contributing to the maintenance of the stability of the financial system.

What does the BoJ's decisions affect?

The decisions made by the BoJ mainly affect the currencies related to the JPY and JAP225. That is why it is very important to follow BoJ’s interest decisions.

You can find more information on interest rates in this article.

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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