Focus Taiwan App

Weak Taiwan dollar contributing to inflation: Central bank chief

11/29/2022 02:06 PM
To activate the text-to-speech service, please first agree to the privacy policy below.

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.)

    We value your privacy.
    Focus Taiwan (CNA) uses tracking technologies to provide better reading experiences, but it also respects readers' privacy. Click here to find out more about Focus Taiwan's privacy policy. When you close this window, it means you agree with this policy.