02.05.2016 - Taiwan: Central bank denies currency intervention
The central bank said that the figures stated in a US Treasury report regarding Taiwanese exports did not match those released by the Ministry of Finance. The central bank yesterday said that Taiwan did not carry out one-sided currency intervention as the US has claimed. The nation’s monetary policymaker released a statement after the US Department of the Treasury submitted a report on foreign exchange policies of major trading partners to the US Congress on Friday, which put Taiwan, China, South Korea, Japan and Germany on a watch list for an “enhanced analysis” of the nations’ practices...............................................Full Article: Source
Print