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Japanese money

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Possible Answers:

YEN.

Last seen on: USA Today Crossword – Oct 8 2022

Random information on the term “Japanese money”:

The Japan Mint (独立行政法人造幣局, Dokuritsu Gyōsei Hōjin Zōheikyoku) is an Independent Administrative Institution of the Japanese government, responsible for producing and circulating the coins of Japan. The agency has its head office in Osaka with branches in Tokyo and Hiroshima. The Japan Mint does not produce paper money; that responsibility belongs to the National Printing Bureau.

Amongst the first acts of the Meiji government was the establishment of the Imperial Japanese Mint as a constructive step towards modernising Japan’s circulating currency. In the early Meiji era, paper currency was initially printed by Dondorf and Naumann in Germany. The European production was inspected and sealed by Banknote Annex Office of the Ministry of Finance. A proposal to construct a banknote manufacturing plant was submitted to Grand Council of State in May 1874; and construction was approved in December of that same year. A two-story Western red brick building was completed in October 1876.

Japanese money on Wikipedia

Random information on the term “YEN”:

Japanese military currency (Chinese and Japanese: 日本軍用手票, also 日本軍票 in short) was money issued to the soldiers of the Imperial Japanese Armed Forces as a salary.[citation needed] The military yen reached its peak during the Pacific War period, when the Japanese government excessively[clarification needed] issued it to all of its occupied territories. In Hong Kong, the military yen was forced upon the local population as the sole official currency of the territory. Since the military yen was not backed by gold, and did not have a specific place of issuance, the military yen could not be exchanged for the Japanese yen. Forcing local populations to use the military yen officially was one of the ways the Japanese government could dominate the local economies.

The territories controlled or occupied by Japan had many different currencies. Taiwan maintained its own banking system and bank notes after it came under Japanese sovereignty in 1895. The same is true for Korea post 1910. Between 1931 and 1945, large parts of China and South East Asia were occupied by Japan. Several types of currencies were put into circulation there during the occupation. In China, several puppet governments were created (e.g. Manchukuo), each issuing their own currency. In South East Asia, the Japanese military arranged for bank notes to be issued, denominated in the various currencies (rupees, pesos, dollars, etc.) that had been circulating there prior to the occupation. These latter are referred to as Japanese invasion money. In addition to these currencies, the Japanese military issued their own bank notes, denominated in yen – this is the Japanese military yen. The military yen became the official currency in some occupied areas, e.g. Hong Kong.

YEN on Wikipedia

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