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Standards Bulletin Board Reviews of the Fund's Data Standards' Initiatives (Reviews) Special Data Dissemination Standard Site (SDDS) Introduction Metadata Data What's New Contact Us General Data Dissemination System Site (GDDS) Data Quality Reference Site (DQRS) |
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| The Data: Coverage, Periodicity, and Timeliness | ||||||||||||
| Coverage characteristics | 5.1.1 Statistical presentation Daily data are disseminated on: (1) The spot exchange rates (buying and selling rates) and ranges for the U.S. Dollar/Yen, the Euro/Yen, and the Euro/U.S. Dollar. The rates are determined based on the spot market rates quoted by major banks and brokers in the Tokyo market. (2) Daily turnover of the U.S. Dollar/Yen, and the Euro/U.S. Dollar. (3) The one-month and 3-month spot-forward spreads for the U.S. Dollar/Yen. (4) The one-month and 3-month option volatility for the U.S. Dollar/Yen. Monthly average of above listed U.S. Dollar/Yen data are also available. | |||||||||||
| Periodicity | 4.1.1 Periodicity Daily and monthly. | |||||||||||
| Timeliness | 4.1.2 Timeliness Data on the U.S. dollar/yen exchange rate as at 9am and 5pm (local time) are available on the Bank of Japan’s website at around 6 pm. | |||||||||||
| Access by the Public | ||||||||||||
| Advance dissemination of release calendar | 5.1.3 Advance release calendar Data are disseminated daily and monthly. | |||||||||||
| Simultaneous release to all interested parties | 5.1.4 Simultaneous release Daily and monthly data are available on the BOJ's website. (http://www.boj.or.jp/en/type/stat/boj_stat/index.htm) Therefore, those are available to all users at the same time. | |||||||||||
| Integrity | ||||||||||||
| Dissemination of terms and conditions under which official statistics are produced, including those relating to the confidentiality of individually identifiable information | 0.1.1 Responsibility for collecting, processing, and disseminating statistics The Bank of Japan disseminates the data as a service to the public.0.1.2 Data sharing and coordination among data producing agencies Not applicable.0.1.3 Confidentiality of individual reporters' data Bank of Japan The Article 29 of the Bank of Japan Act, which took effect as of April 1998, clarifies the rules with respect to the confidentiality as follows: (Article 29) The Bank of Japan's officers and employees shall not leak or misappropriate secrets which they have learned in the course of their duties. The same shall apply even after they have left the Bank. Exchange rates No staff outside the section in charge of the statistics has access to the individual reporters’ data. The staff is obliged to protect the confidentiality of the data by the Bank of Japan Law. Moreover, the Act on Protection of Personal Information Retained by Independent Administrative Institutions, which was enacted in April 2005 in Japan, requires the Bank to protect personal information. 0.1.4 Ensuring statistical reporting There is no legal mandate to require reports for statistics.0.2.1 Staff, facilities, computing resources, and financing The staffs: The members of Foreign Exchange Operations section, Financial Markets Department.0.2.2 Ensuring efficient use of resources The number of staffs involved is appropriate.0.3.1 Monitoring user requirements The relevance and practical utility of the statistics in meeting users’ needs are monitored by following-up on the comments made by the users and occasional analyses.0.4.1 Quality policy The representativeness of the statistics is constantly monitored.0.4.2 Quality monitoring Not applicable. No statistical program is used to make the statistics.0.4.3 Quality planning Not applicable. No statistical program is used to make the statistics.1.1.1 Impartiality of statistics The representativeness of the data assures impartiality.1.1.2 Selection of sources, methodology, and modes of dissemination Source: Sources are selected to meet the definition of “major banks and brokers in the Tokyo market”. Methodology: There is no room to select methodology other than simple reference of reports. Modes of the dissemination: The mode of dissemination is selected to meet users’ needs. 1.1.3 Commenting on erroneous interpretation and misuse of statistics Not applicable. The statistics are so simple that they do not cause erroneous interpretation and misuse.1.2.1 Disclosure of terms and conditions for statistical collection, processing, and dissemination Not applicable. There is no specific terms and conditions for statistical collection, processing, and dissemination.1.3.1 Guidelines for staff behavior Bank of Japan “Rules of Ethical Conduct for Executives and Staff of the Bank of Japan” (available in Japanese only) is applied to the work of the statistics. The Article 32 of the Bank of Japan Act clarifies the rules with respect to the ethical discipline as follows: (Article 32 )The Bank of Japan shall, in light of the public nature of its business and in order to ensure the proper execution of their duties by its officers and employees, establish rules on service for its officers and employees, such as rules on the obligations to devote themselves to their duties and to separate themselves from private enterprises, and shall report such rules to the Minister of Finance and, at the same time, make them public. The same shall apply when making any change to the rules. Moreover, the statistical sections have developed rules, notably on data confidentiality. | |||||||||||
| Identification of internal government access to data before release | 1.2.2 Internal governmental access to statistics prior to release No officials outside the Bank of Japan have access to the data before their release to the public. | |||||||||||
| Identification of ministerial commentary on the occasion of statistical releases | 1.2.3 Attribution of statistical products The statistics are attributed to Foreign Exchange Operations, Financial Markets Department, Bank of Japan. | |||||||||||
| Provision of information about revision and advance notice of major changes in methodology | 4.3.1 Revision schedule The data are not subject to revision.4.3.2 Identification of preliminary and/or revised data The data are final when first released.1.2.4 Advance notice of major changes in methodology, source data, and statistical techniques. Major changes in methodology are announced at the time the changes are introduced. | |||||||||||
| Quality | ||||||||||||
| Dissemination of documentation on methodology and sources used in preparing statistics | 5.2.1 Dissemination of documentation on concepts, scope, classifications, basis of recording, data sources, and statistical techniques Concepts and scope of the statistics are disseminated on the Website. (http://www.boj.or.jp/type/exp/stat/extame.htm <for Japanese only>)5.2.2 Disseminated level of detail Not applicable.(See also summary methodology) | |||||||||||
| Dissemination of component detail, reconciliations with related data, and statistical frameworks that support statistical cross-checks and provide assurance of reasonableness | 4.2.1 Internal consistency Not applicable.4.2.2 Temporal consistency Not applicable.4.2.3 Intersectoral and cross-domain consistency Not applicable. | |||||||||||
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