Central Bank of the Republic of China

Pause Continuing in Taiwanese Monetary Tightening

September 20, 2012

The Board of the Central Bank of the Republic of China (Taiwan) left its discount rate at 1.875%.  It has been at that level since the last of five sequential quarterly increases in June 2011.  Each of those hikes amounted to 12.5%.  The discount rate earlier was slashed from 3.625% prior to September 2008 to […] More

No Change in Taiwan’s Benchmark Interest Rate

June 21, 2012

Following a quarterly review, monetary officials in Taiwan left their key policy interest rate at 1.87%.  This was the fourth rate review that resulted in no interest rate change.  From June 2010 through June 2011, five straight hikes of 12.5 basis points were implemented, lifting to benchmark by a total of 62.5 basis points from […] More