The central bank is likely to maintain its policy rates as the nation is grappling with a COVID-19 outbreak that is freezing consumer activity and threatening to disrupt electronics production, global research body IHS Markit said yesterday.
The monetary policymaker is due to review interest rates, credit controls and GDP growth during its quarterly board meeting on Thursday next week.
Central bank Governor Yang Chin-long (楊金龍) earlier indicated that the nation’s export-oriented economy would remain solid as long as the outbreak does not disrupt production. Taiwan is home to the world’s largest contract chip makers, playing a critical role in the global