Central bank raises key rates by 0.125%, despite Fed cut (Chinapost.com.tw)
Story date: 2007-09-20 07:00:05
Added on: 2007-09-20 23:00:05
TAIPEI, Taiwan -- It seems the central bank has taken a conservative approach in setting its monetary policy as it raised key interest rates for a 13th consecutive quarter, citing inflationary concerns.
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