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The Bank of Japan

The Bank of Japan is Japan’s central bank, responsible for managing the country’s money supply, interest rates, and financial stability. It issues the national currency (the yen), controls inflation, and supports economic growth. The bank influences the economy by setting policies such as adjusting interest rates and buying or selling government bonds. It also oversees the banking system to ensure it remains stable. Essentially, it plays a key role in maintaining Japan’s economic health, just like other central banks do for their respective countries, balancing growth, inflation, and financial security.