COST OF LIVING/Weak Taiwan dollar contributing to inflation: Central bank chief
11/29/2022 02:06 PM
Taipei, Nov. 29 (CNA) 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).
(Full text of the story is now in CNA English news archive. To view the full story, you will need to be a subscribed member of the CNA archive. To subscribe, please read here.)
More in COST OF LIVING
- Taiwan to raise tax exemption, deduction thresholds in 2024Taiwan's individual income tax exemptions and standard tax deductions are to be raised in 2024, in time for the tax season in May 2025, the Ministry of Finance (MOF) announced on ...11/23/2023 08:56 PM
- Cabinet approves rent subsidy program for college students living in dormsTaiwan's cabinet approved a five-year program on Thursday to subsidize rent paid by college students living in dorms starting February 2024.11/23/2023 04:20 PM
- Cabinet plans rent subsidies for college students living in dormsPremier Chen Chien-jen (陳建仁) has agreed to provide rent subsidies to college students who live in school dorms from February 2024, the Executive Yuan said Friday.11/17/2023 03:49 PM
Latest
- Business
U.S. dollar closes sharply lower on Taipei forex market
11/29/2023 04:27 PM - Society
Ukrainian family touring Asia in sailboat finds safe harbor in Taichung
11/29/2023 03:19 PM - Society
Taiwan students rank 1st in civic knowledge in ICCS 2022
11/29/2023 03:11 PM - Society
HSR ticket preorders for New Year's Day holiday period to start Dec. 1
11/29/2023 02:47 PM - Business
Taiwan shares close slightly up 0.17%
11/29/2023 02:31 PM