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Taiwan central bank to apply moderate tightening vs inflation

By Inquirer - 8 months ago
TAIPEI — Taiwan’s central bank said on Tuesday it would continue moderate tightening of monetary policy to curb rising inflation expectations after unexpectedly raising its benchmark rate last week. The central bank hiked the benchmark discount rate TWINTR=ECI to 2 percent from 1.875 percent , where it has stood since last March. It cited inflationary

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