Reuters: US Dollar Report: HIGHLIGHTS-Comments by BOJ head Kuroda at inaugural press briefing

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HIGHLIGHTS-Comments by BOJ head Kuroda at inaugural press briefing Mar 21st 2013, 11:45 TOKYO, March 21 | Thu Mar 21, 2013 7:45am EDT TOKYO, March 21 (Reuters) - The Bank of Japan's new governor, Haruhiko Kuroda, on Thursday declined to comment on whether he would call an emergency meeting to discuss easing monetary policy before a regular rate review scheduled for April 3-4. Kuroda, Japan's former currency tsar, and his two deputies, former academic Kikuo Iwata and career central banker Hiroshi Nakaso, assumed their posts on Wednesday. "The BOJ has held emergency meetings in the past, so it's not impossible, but I shouldn't comment on whether there will be an emergency meeting." "The BOJ must strive to achieve its 2 percent price stability target as soon as possible. Looking at other countries, many central banks see the time span for meeting their price stability target as two years so it would be desirable to meet the price target within two years. "As for means, the BOJ must expand monetary stimulus both in terms of volume of assets it buys and type of assets it targets. It should not just aim for expanding base money." "I'm ready to take all means available in easing monetary policy. It's the mission of the BOJ to do its utmost to achieve the 2 percent price stability target."

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