Central Bank of Taiwan Holds Interest Rate at 1.875%

The Central Bank of the Republic of China (Taiwan) held its discount rate unchanged at 1.875% and the collateralized loan rate at 2.250% and the unsecured loans rate at 4.125%. Bank Governor, Perng Fai-nan, said: "Overall, Taiwan's economy continues to register moderate growth amid global economic uncertainties, while the 2012 price trends still require close monitoring. In addition,...