CBC to leave currency to market forces

Taiwan's central bank is to leave the local currency to market forces while it closely monitors forex dealings for abnormal expectations about the currency's prospects, the Commercial Times reported, citing George Chou, director general of the forex department at the central bank.

The Taiwan dollar's recent movements against the US dollar should be considered as stable in comparison with those of other major currencies against the US currency, Chou said in the report.

The Taiwan dollar closed at

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