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Central Bank of the Republic of China

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One of the local daily newspapers published an article today with the caption “NT dollar enters bull market, foreign exchange banks still mindful of three restrictions imposed by central bank.” The article in question is misleading and this press statement has been issued again to set the record straight...

Central Bank of the Republic of China (Taiwan)
PRESS RELEASE Release Date: April 8, 2011

One of the local daily newspapers published an article today with the caption “NT dollar enters bull market, foreign exchange banks still mindful of three restrictions imposed by central bank.” The article in question is misleading and this press statement has been issued again to set the record straight.

A similar news article appeared on February 9, 2011. A press statement was issued on the same day to dispute it and explain the situation in more detail.

We would like to reiterate that news reporting should be factual, accurate, and based on reliable sources. Please contact our press officer if you require any assistance in understanding our exchange rate policy.

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