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BOJ governor Shirakawa says the bank is committed to easing, but won't do so solely to weaken...

BOJ governor Shirakawa says the bank is committed to easing, but won't do so solely to weaken the yen. Shirakawa adds the "biggest factor affecting currency moves now is investors' risk aversion," and there's no evidence that an expanded monetary base will weaken the currency. Currently: USD -0.13% to ¥79.36.
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Comments (1)
  • Hypnos7
    , contributor
    Comments (139) | Send Message
     
    I love how the currency market tells the BOJ to go eff itself.
    24 May 2012, 04:25 AM Reply Like
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