Taiwan Holds Rate Steady, Sees Improved 2013 Outlook
Taiwan’s central bank held its benchmark interest rates unchanged, as expected, saying the current policy rate was conducive to maintaining price stability and promoting economic growth in light of a modest economic recovery, subdued inflationary pressures and global economic uncertainties. But the Central Bank of the Republic of China, which has [...]
Taiwan’s central bank held its benchmark interest rates unchanged, as expected, saying the current policy rate was conducive to maintaining price stability and promoting economic growth in light of a modest economic recovery, subdued inflationary pressures and global economic uncertainties.
But the Central Bank of the Republic of China, which has held its discount rate steady at 1.875 percent since June last year, struck an optimistic tone about next year, saying the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards