Taiwanese central bank asks for smaller dollar trades

taiwan-cb
Taiwan's central bank

Taiwan’s central bank has told traders at commercial banks to sell the US dollar in smaller amounts, a spokesperson tells Central Banking.

The size of some banks’ dollar orders have had negative effects on the market, the central bank spokesperson says. They say the country’s foreign exchange market is not deep, and if dollar orders are too large it will affect the speed of FX transactions in the interbank market.

The central bank has suggested traders sell the dollar in orders smaller than $5

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.