trending Market Intelligence /marketintelligence/en/news-insights/trending/HDK3uBZ1xWQRVxerLN_gCg2 content esgSubNav
In This List

Taiwan central bank keeps benchmark rate unchanged

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks

Blog

Anticipate the Unknown A Fundamentals Approach to Detect Early Signs of Private Company Credit Deterioration


Taiwan central bank keeps benchmark rate unchanged

Taiwan's central bank kept the benchmark rate at 1.375% amida recovery in exports and signs of improvement in the labor market, BloombergNews reported Sept. 29, citing a statement from the central bank.

The CentralBank of the Republic of China (Taiwan) had cut its key interestrate to a six-yearlow since September 2015. However, strong sales of Apple Inc.'siPhone 7 have helped to revive the export-dependent economy.

Taiwan's GDP growth rate accelerated to 0.7% in the secondquarter after three quarters of contraction, according to the report. Theisland's government in August raised its GDP growth forecast for the fourthquarter to 1.22% from 1.06%.