For the efficiency and safety of such settlement via the Bank's current account, the Bank operates a computer network system called the Bank of Japan Financial Network System, or BOJ-NET for short. Let us now see how a central bank supplies funds (Chart 3).
In turn, a higher rate of inflation hits the most vulnerable harder, especially people who depend on basic grants which only get adjusted once a year at most. In particular, food prices and transportation costs rise on the back of rand depreciation.