BOJ to adjust rates if recovery continues-Nishimura

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TOKYO, March 27 (Reuters) - Bank of Japan Deputy Governor Kiyohiko Nishimura said on Thursday the central bank should maintain its basic stance that it would adjust interest rates gradually if the economic recovery continues with stable prices.

"There are always uncertainties for the economic outlook and the level of uncertainty is especially high at the moment," Nishimura told an upper house financial committee.

"Therefore, it is important to take steps flexibly without preconceptions after analysing risks and the chances of the outlook becoming a reality." (Reporting by Tetsushi Kajimoto and Yuzo Saeki)