TAIPEI: Taiwan's central bank surprised markets by raising its policy rate on Thursday, and also lifted its inflation forecast for the year as inflationary pressures persist.
The central bank hiked the benchmark discount rate to 2% from 1.875%, where it has stood since last March.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
