BANK OF JAPAN Virtual Tour of the Bank

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the New Building: market operations

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Image: room where market operations are conducted
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[Market operations]
Daily market operations are conducted here. Market operations can be defined as the Bank's control of the volume of transactions conducted in or the interest rates in the money markets (where financial institutions borrow from and lend to one another). These operations are conducted in order to implement monetary policy decided at the Policy Board meetings.
This section examines the condition of money markets on a daily basis and determines how much money should be injected into or withdrawn from the money markets and how this should be carried out.


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