Breaking News: Central Bank Freezes Interest Rates! Annual Rate Maintained at 2%

Reported about 1 year ago

Reported by SET News on June 13, 2024, at 5:05 a.m. by journalist Chen Weifan in Taipei, the Central Bank announced no interest rate hike for Q2 this year, maintaining the rediscount rate, collateralized discount window-loan rate, and the short-term loan rate at annual rates of 2%, 2.375%, and 4.25%, respectively. Central Bank's decision not to raise interest rates was highlighted with further news covering Xingfu Fa's 400-day 'Zhongjie Incident' shareholder meeting, a significant increase of 50,000 mortgage loan borrowers in the first quarter, and legal disputes involving Wei Desheng and Guo Taiqiang over a debt of 45 million, among other updates.

Source: YAHOO

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