Bloomberg News

Taiwan Central Bank Says Inflationary Pressure Has Cooled

September 29, 2011

Sept. 29 (Bloomberg) -- Taiwan’s central bank said a stronger local currency is easing inflationary pressure, according to a statement given ahead of the briefing to announce the interest rate decision today. The mortgage risks controls imposed have also shown effect, the statement said.

To contact the reporter on this story: Chinmei Sung in Taipei at csung4@bloomberg.net

To contact the editor responsible for this story: Janet Ong at jong3@bloomberg.net


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