Taiwan's central bank expected to keep interest rate unchanged.

By bne IntelliNews December 22, 2009
According to the Taipei Times , Chung-Hua Institution for Economic Research Director Wang Lee-rong stated recently that Taiwan's central bank was likely to keep its key interest rate unchanged at 1.25% at the next review on Thursday. Lee-rong said that the central bank was unlikely to increase the key rate since the economy had just started showing signs of stability. Separately, Polaris Research Institute President Liang Kuo-yuan said that in view of the country's low rate of inflation, the central bank was unlikely to increase its key rate unless there were signs of an asset bubble. According to the forecast of the Directorate-General of Budget, Accounting and Statistics (DGBAS), the country's inflation would contract by 0.63% this year and increase by 0.92% next year.
Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    8 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Don't mention the "D" word - Ukraine
    6 days ago
  4. The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise
    3 days ago
  5. Europe unlikely to tackle Russian LNG imports anytime soon
    3 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    26 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    1 month ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    29 days ago
  5. Saudi Arabia to scale back plans for Neom city
    16 days ago

Reports

Dismiss