Central Bank of the Republic of China-Press Releases-A foreign news report on January 9, 2009 that commented on Taiwan’s exchange rate policy was taken out of context and misleading. This press statement has been prepared to clarify the exchange rate policy of the Central Bank of the Republic of China (Taiwan).

A foreign news report on January 9, 2009 that commented on Taiwan’s exchange rate policy was taken out of context and misleading. This press statement has been prepared to clarify the exchange rate policy of the Central Bank of the Republic of China (Taiwan).

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Central Bank of the Republic of China (Taiwan)

PRESS RELEASE Release Date: January 10, 2009

A foreign news report on January 9, 2009 that commented on Taiwan’s exchange rate policy was taken out of context and misleading. This press statement has been prepared to clarify the exchange rate policy of the Central Bank of the Republic of China (Taiwan).

The NT dollar exchange rate is determined by market forces. However, when seasonal or irregular factors disrupt the market, the CBC will step in to maintain order in the foreign exchange market.