BOJ(Bank of Japan) was established for below 2 purposes.
- Price stability
- Financial system stability
Price stability is indispensable for the stable and sustainable growth of the economy, through which the Bank of Japan contributes to the development of the national economy.
In addition, the Bank of Japan provides a settlement system to financial institutions and contributes to the stability of the financial system as a “lender of last resort” to financial institutions.
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