Central bank expected to continue increasing its key interest rates.

By bne IntelliNews July 1, 2011
Taiwan's central bank is expected to continue increasing its key interest rates in order to conrol inflation. As reported by Asia Pulse, Liang Kuo-yuan, president of the Polaris Research Institute, stated that the central bank is expected to increase the rate by 0.125% points recording 1.875% at the quarterly policy making meeting on June 30 this year. The central bank has increased its interest rate by 0.125% points four times since the end of June last year. The consumer price index (CPI) increased 1.66% y/y in May.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 259

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