Taiwan Central bank leaves interest rates unchanged (update)

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(The Focus Taiwan)

After concluding a quarterly policymaking meeting on Thursday, Taiwan’s central bank decided to leave its key interest rates unchanged, a move widely anticipated by the market.

Following the decision, the discount rate remains at 1.125 percent, the lowest in the country’s history, according to the bank.

Meanwhile, the rate on accommodations with collateral is unchanged at 1.50 percent, while the rate on accommodations without collateral stays at 3.375 percent, the central bank said.

This is the fourth consecutive quarter the central bank has maintained its monetary policy, at a time when Taiwan has seen little inflationary pressure, with local consumer prices stable, analysts said.

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