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Taiwan

Taiwan's Perng: rates may be approaching peak

Taiwan's series of interest rate increases may be approaching a peak because of subdued inflation and slowing export growth, said Perng Fai-nan, governor of the Central Bank of the Republic of China (Taiwan) in an interview published Wednesday 14 March.

Cb of China (Taiwan) to change name

The Central Bank of China (Taiwan) announced Saturday 10 February it has changed its English name as shown on its website in a move to avoid possible confusion with financial institutions in China.

Chou promoted at Taiwan central bank

According to the Taipei Times, the central bank of China in Taiwan announced Monday 29 January that George Chou, who serves as director-general of the foreign exchange department, will be promoted to the position of deputy governor.

Central banker of the year announced

Several publications announced awards for the world's central bankers this week, including a Euromoney award for Lebanon' s central bank governor Riad Salameh for his management of the crisis during Israel's recent onslaught.

Russian reserves hit all time high

Russia's gold and foreign exchange reserves, boosted by record world oil prices, have touched an all-time high of $243.3 billion, the central bank said on Thursday 1 June.

Comment: US Treasury diplomacy

In what has been billed as a key moment in American economic diplomacy, the US Treasury this week resisted temptation and political pressure by deciding not to formally accuse China of currency manipulation.

Comment: Sweden sheds reserve dollars

The Swedish Riksbank dropped a bit of a bombshell on international currency markets on Friday 21 April by announcing a significant reduction in the share of dollars and yen in its foreign reserves portfolio. Although Sweden has a relatively small…

Asian reform

In this speech given at a Wharton business school forum in Mumbai on 6 January, 2006, the governor of the Bank of Thailand, M R Pridiyathorn Devakula, argues that fast growing intra-regional trade between east Asian economies provides evidence that the…

Taiwan's 2004 in review

A combination of economic expansion, rising prices and negative real rates led Taiwan's central bank to shift its monetary policy stance and raise rates in 2004, writes the governor, Fai-nan Perng, in the annual report.

US Fed meets with Taiwan officials

Officials from the Federal Reserve are in Taiwan to visit the Ministry of Finance, the central bank and the Financial Supervisory Commission to exchange opinions about the government's financial reform and exchange rates, government officials said…

Taiwan cb deputy governor meets BoK's Park

Central Bank of China deputy governor Liang Fa-chin attended an international conference in South Korea, but did not discuss foreign exchange issues with Bank of Korea governor Park Seung, Economic Daily News reported, citing central bank governor Perng…

Taiwan central bank to establish TIBOR system

As part of its efforts to develop Taiwan into a regional financial centre, the Central Bank of China will move to revitalize the trading of various terms of interbank loans and establish Taipei Interbank Offered Rate (TIBOR), China Economic News Service…

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