The Bank of Japan (BoJ) Governor Haruhiko Kuroda said at a meeting of business leaders in the Kansai region today that the BoJ will add fresh easing measures if needed to achieve its 2% inflation target.

Mr. Kuroda added Japan's economy will continue to recover moderately and the inflation target of 2% will be achieved as expected.

The BoJ governor also said the BoJ will continue its qualitative and quantitative easing programme.

Mr. Kuroda agreed "stability in currency rates is extremely important to businesses". The central bank will do its "best to ensure currency stability", so Kuroda.