Fri, Jan 17, 2014 - Page 14 News List

No monetary easing used for Taiwan

UNCHANGED INTEREST RATES:The central bank said there is no need to use QE measures in Taiwan, as it has a benign inflation environment and healthy growth

By Kevin Chen  /  Staff reporter

For the whole of last year, the NT dollar depreciated by 2.72 percent against the greenback, compared with the yen’s 21.5 percent decline against the dollar and the won’s 1.44 percent increase, the central bank’s data showed.

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