BOJ suspends some operations amid COVID-19 pandemic

08.04.2020 - Kulakov Vladimir
BOJ suspends some operations amid COVID-19 pandemic

The Bank of Japan said on Wednesday that it would temporarily cease select operations. The decision was made in compliance to the government’s pronouncement of putting the country under state of emergency amid the novel coronavirus pandemic.

“The BOJ will scale back some of its operations in line with the government’s request to avoid outings,” it said in a statement.

Non-urgent operations such as researches and academic papers will be scaled back. However, all operations crucial to social infrastructure will not be suspended. This includes bank notes issuance, development of monetary policy, and other operations related to the settlement of funds.

Japan’s Prime Minister Shinzo Abe put the country under national emergency as increasing cases were monitored in certain areas including Tokyo. The current setup granted authorities more power to implement necessary measures.


Risk disclaimer "PROMETHEUS LTD – Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH96960 is a financial services institution outside the European Union Area, which is subject to the supervision of the IFMRRC Certificate 0395 AA V0155 Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk. It is possible to lose all your capital. 70% of trading deals can be unprofitable. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. supervisory authority as an offer of financial services targeted in Europe. ESMA intervention measures do not apply to customers of PROMETHEUS LTD and it is your responsibility to choose a company which is most suitable for your trading needs. By clicking continue you confirm that you have read, understood and agree to the risk disclosures, terms of service, cash policies, privacy policies and this notice and that you are visiting this website on your own initiative, without any encouragement whatsoever from or PROMETHEUS LTD." Cookies notification: We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we assume that you are happy with it. Read more. Continue

Help with deposit?