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Taiwan c.bank says spent $39.1 bln on forex intervention last year - Reuters

TAIPEI, March 10 (Reuters) - Taiwan’s central bank said on Wednesday that last year it bought a net $39.1 billion to intervene in the foreign exchange market, with efforts particularly focused in November and December to “avoid serious disorder”.

The bank made the comments as part of a written report to parliament ahead of its governor Yang Chin-long taking questions from lawmakers on Thursday. (Reporting by Liang-sa Loh and Yimou Lee; Writing by Ben Blanchard; editing by John Stonestreet)

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https://www.reuters.com/article/taiwan-cenbank/taiwan-c-bank-says-spent-39-1-bln-on-forex-intervention-last-year-idUSB9N2IW023

2021-03-10 08:19:00Z
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