Bloomberg News

Shirakawa Says BOJ Added Stimulus Because of Yen, Europe Crisis

October 27, 2011

Oct. 27 (Bloomberg) -- The Bank of Japan bolstered monetary stimulus because of concern about the yen’s appreciation and the European debt crisis, Governor Masaaki Shirakawa said. He spoke to reporters in Tokyo today after the central bank increased asset purchases by 5 trillion yen ($66 billion).

To contact the reporter on this story: Aki Ito in Tokyo at aito16@bloomberg.net

To contact the editor responsible for this story: Ken McCallum at kmccallum4@bloomberg.net


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