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Weak Taiwan dollar contributing to inflation: Central bank chief

11/29/2022 02:06 PM
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The New Taiwan dollar will likely depreciate by around 6 percent against the U.S. dollar this year, driving up the price of imports and adding 0.15 to 0.3 percentage points to Taiwan's consumer price index (CPI), according to central bank governor Yang Chin-long (楊金龍).


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