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Taiwan central bank says will intervene in the TWD if fluctuates dramatically against USD

The Central Bank of the Republic of China (Taiwan) with the intervention threats: Says will intervene if dramatic fluctuations of the Taiwan dollar against the us dollarWe sell us dollars to smooth the market, the Taiwan dollar is decided by supply and demandSays Taiwan's inflation is stable compared to other countriesIf oil prices hit $100/bbl that would delay easing of inflation for major countries USD/TWD daily candles, showing the persistent slide for the TWD. Its not a TWD thing of cour... Read More

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Content Topics

Taiwan

Central

Bank

Says

Will

Intervene

Fluctuates

Dramatically

Against

Forex

Posted: Oct 4 2023, 01:58

Author Name: forexlive

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