Taiwan's central bank governor defends FX market intervention

Author: Eamonn Sheridan | Category: Central Banks

Central Bank of the Republic of China (Taiwan) Governor Yang Chin-long- speaking in parliament

  • Says interventions are only used to 'smooth' the forex market when the Bank is concerned the market is disorderly
  • only smooths in exceptional circumstances
Other remarks from the Gov:
  • says may revise economic growth forecasts higher 

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