Bank of Japan Current Affairs, GK & News

What is “Hanko” in news recently?

The Hanko is a personal stamp of Japan. It is equivalent to signature in other countries. The tradition is gaining criticism in Japan post COVID-19 period. What is the issue? Japan is adopting work from home culture aggressively in response to the COVID-19 pandemic. However, the age old Hanko tradition of Japan is forcing the ..

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RBI signs a $75 billion Bilateral Swap Arrangement (BSA) with Japan’s central Bank

The Reserve Bank of India (RBI) and Bank of Japan (BOJ) have signed a Bilateral Swap Arrangement (BSA) for $75 billion that will help in bringing greater stability in foreign exchange and capital markets in the country. The pact will enables both countries to swap their local currencies (i.e., either Japanese yen or Indian rupee) ..

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RBI, Bank of Japan sign Bilateral Swap Arrangement

Reserve Bank of India (RBI) and Bank of Japan have signed a bilateral swap agreement. The agreement was negotiated during the visit of Prime Minister Narendra Modi to Tokyo last year. Bilateral Swap Agreement The Swap agreement will provide India access to 75 billion US dollars against the 50 billion dollars under earlier BSA. Under ..

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Haruhiko Kuroda appointed as new governor of Bank of Japan (BOJ)

Haruhiko Kuroda has been reappointed as the governor of Bank of Japan (BOJ) for second five-year term by the Government of Japan. His second term will come into force when the current one ends in April 2018. Kuroda will be first governor to serve two terms since 1954. The Bank of Japan is the central ..

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