One of the global financial media service providers published a piece on Taiwan’s foreign exchange reserves yesterday. In this article, an economist affiliated to a foreign bank, in an attempt to decipher a statement made by Taiwan’s central bank governor in the parliament on Monday, said, “Taiwan is happy to see the currency gradually appreciate, as long as it’s in line with the rest of Asian currencies over the course of the next year or two. It’s a question of relative competitiveness.”