Sept. 30 (Bloomberg) -- Taiwan’s central bank left interest rates unchanged yesterday, ending five straight quarters of increases as price pressures ease and a faltering global recovery threatens its export-dependent economy.
The central bank kept the discount rate on 10-day loans to banks at 1.875 percent. Fourteen of the 17 economists surveyed by Bloomberg News predicted the decision. Three expected an increase to 2 percent.
--Janet Ong. Editor: Josh Fellman
To contact Bloomberg News staff for this story: Janet Ong in Taipei at email@example.com
To contact the editor responsible for this story: Joshua Fellman at firstname.lastname@example.org