Central Reserve Bank of the Republic of China

Central Bank of the Republic of China (Taiwan)

September 21, 2017

Taiwan’s central bank discount rate has been left at 1.375%, its level since a 12.5-basis point cut in June 2016. A statement released after this week’s quarterly policy review observes sub-potential economic growth and low and well-anchored actual and expected inflation. As before, a role for currency market intervention on occasion is defended: “In principle, […] More