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Economy, Currency and Banking

yen equal, Tokyo Stock Exchange, Bank of Japan, financial system, heart

Japan’s basic unit of currency is the yen (108 yen equal U.S.$1; 2000 average). The Bank of Japan, established in 1882, is the country’s central bank and sole issuer of currency. About 140 private commercial banks constitute the heart of the financial system. The Tokyo Stock Exchange is one of the world’s leading securities markets.



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yen equal, Tokyo Stock Exchange, Bank of Japan, financial system, heart, average

 
 

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