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Taiwan Central Bank Keeps Rates On Hold

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us

Taiwan's central bank retained its key interest rate, as widely expected, on Thursday and raised its growth outlook on strong demand for AI and other technology applications.

The central bank board unanimously decided to maintain the key discount rate at 2.0 percent.

The rate on refinancing of secured loans and the rate on temporary accommodations were unchanged at 2.375 percent and 4.25 percent, respectively.

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