Taiwan wary about raising rates now, but set to follow tightening trend next yr - NewsBreak

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By Bryan in Business
Updated 2 years ago

TAIPEI (Reuters) -Taiwan's central bank is concerned that any interest rate hike now could lift the local currency, but will "definitely" follow the global tightening trend for next year, central bank governor Yang Chin-long said on Monday. The benchmark rate is currently at 1.125%, the lowest on record, where it...