1.
central bank
A national bank that provides financial services to a country's government and banking system, and implements monetary policy.
中央銀行 is a country's primary monetary authority, responsible for issuing currency, setting interest rates, and regulating the banking system.
Etymology
Functions
Related words
- 日本銀行 (日銀): Bank of Japan
- 連邦準備制度理事会 (FRB): the US Federal Reserve Board
- 欧州中央銀行 (ECB): European Central Bank
Usage
日本銀行 is abbreviated to 日銀 in news and everyday conversation. It is commonly read にっぽんぎんこう (official) rather than にほんぎんこう.