Taiwan
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…
Central Bank of China - Annual Report 2004
According to the Central Bank of China's Annual Report 2004, Taiwan's external trade performed exceptionally well in 2004, driven by the global economic recovery.
Taiwan says FX turnover no intervention indicator
The Central Bank of Taiwan has urged speculators to stop second-guessing central bank policy actions on the Taiwan dollar on the basis of the forex market's daily turnover.
Jordan's interest rates on the move
The Central Bank of Jordan (CBJ) governor, Umayya Touqan, announced on Sunday 6 November that interest rates on repurchase agreements for a week would be raised by 25 basis points.
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.
Taiwan central bank denies extraordinary meeting
The Central Bank of China, Taiwan's central bank, denied on Thursday 11 August that it is planning to call an extraordinary board meeting in the near term.
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 to introduce more secure banknotes
The Central Bank of China (CBC) is scheduled to launch new NT$500 and NT$1,000 bills on 20 July featuring strengthened anti-forgery functions, CBC Governor Perng Fai-nan said Wednesday.
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's foreign exchange reserves increase
Taiwan's foreign exchange reserves totalled US$242.7 billion at the end of January, up US$1 billion from a month earlier, according to the latest statistics released by the Central Bank of China (CBC).
CBC's Perng denies being top candidate for premier
Central Bank of China (CBC) Governor Perng Fai-nan has denied rumours that he is likely to be named by Taiwan's President Chen Shui-bian as the next premier.
Central Bank of China name-change plan
Taiwan's Premier Yu Shyi-kun has said that the government will continue to push a proposal to change the names of state-owned enterprises, including the Central Bank of China, to include the word "Taiwan."
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…
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…
Report says Taiwan concerned on hot money
Taiwan's central bank has indicated concerns over hot money inflows to Asia and the impact of an appreciation of currencies in the region, the Economic Daily News reported.
US bank note experts to visit Taiwan
The Central Bank of China (CBC) has invited experts from the United States to help domestic banks dealing in foreign currency exchange to detect forged U.S. bills, CBC officials said on Monday 6 September.
Taiwan under pressure to raise rates
The Central Bank of China, Taiwan's central bank, may be under pressure to increase interest rates for the first time since December 2000, according to news reports.
Central Bank of China - Annual Report 2003
The Central Bank of China has published its Annual Report for the year ended 2003. Taiwan's economic performance experienced a slowdown in the first half of 2003, the report says, as concerns about the US-Iraq War and the outbreak of SARS in East Asia…
Taiwan combining regulators to bring in investors
Taiwan is combining its insurance, securities and banking regulators, reducing the watchdog role of the central bank and the Ministry of Finance, to help lure overseas investors and reduce conflicts of interest. The convergence of institutions is seen in…
Taiwan appoints new regulator chief
Taiwan has appointed Jaw Sheng Kong as chairman of the newly formed Financial Supervisory Commission. Kong, 48, is currently chairman of state-owned Taiwan Sugar Corp, said the Executive Yuan, the island's Cabinet.
Independence law for Central Bank of Taiwan
When passed into law, the amended Central Bank Act in Taiwan will define the central bank as "the national bank which exercises its duties independently as prescribed by the law," this article says. Important amendments to the Act include requiring the…