Taiwan's central bank has raised its key interest rates by 12.5 basis points. The move comes after the bank held its quarterly policymaking meeting.
Over the past few days, major central banks globally have announced massive monetary expansion plans while governments in European countries have announced a slew of fiscal stimulus plans to offset the huge drop in both supply and demand caused by the coronavirus epidemic.
Taiwan's central bank has raised its key interest rates by 12.5 basis points following its quarterly policymaking meeting.
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Taiwan's central bank has opted to leave its key interest rates unchanged following its quarterly policymaking meeting.
The Ministry of Finance reports that nine government-invested financial institutions in Taiwan have adopted the "Equator Principles" to evaluate social and environmental risks on projects they might be funding.
The board of Taiwan's central bank decided unanimously to raise the discount rate, the rate on refinancing of secured loans, and the rate on temporary accommodations to 1.375%, 1.75%, and 3.625%, respectively, effective from today. The decision was made at the bank's quarterly policymaking meeting on 17 March
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Taiwan's central bank yesterday raised policy rates by 0.125 percentage points and raised the reserve requirement ratios by 0.25 percentage points
The central bank is leaving key interest rates unchanged following its quarterly policy-making meeting
Taiwan's central bank has opted to leave its key interest rates unchanged following its quarterly policy-making meeting.
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The Financial Supervisory Commission (FSC) says it has requested that local banks closely monitor their use of artificial intelligence in order to both protect and ensure data security.
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