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

|By:, SA News Editor

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.