Taiwan Responds to Being Kept on US Currency Manipulation Watchlist: Central Bank's Four Explanations

Reported 10 months ago

In response to Taiwan being kept on the US currency manipulation watchlist, the Central Bank issued four points of clarification, emphasizing smooth communication with the US, meeting two standards, alignment of suggestions with operations and exchange rate policies. The US report highlighted Taiwan's trade surpluses leading to being kept on the watchlist. The Bank provided three points on the US Treasury report, highlighting Taiwan's trade surpluses and current account balance as reasons for the continued observation. The US also offered recommendations aligning with the Bank's goals and policies, with a focus on economic and currency policy issues.

Source: YAHOO

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