graded "B" this year, up from last year's "C," according to a report by
Global Finance magazine scheduled to be released Friday 1 October.
The report, "2004 Central Banker Report Cards," lauded Perng's new-found
independence to maintain "dynamic stability" in the nation's foreign
exchange market, which supports Taiwan's export-driven economy.
"Perng Fai-nan may go down in history as the central banker who tried to
break the Central Bank
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