Taiwan’s Exports Increased for Ninth Month in July on Demand From Asia

Taiwan’s central bank raised borrowing costs on June 24 for the first time since 2008, increasing the discount rate on 10- day loans to 1.375 percent from a record-low 1.25 percent. The economy will expand 6.94 percent in 2010, the government-backed Chung-Hua Institution for Economic Research said last month. <more>　

Publication Date： Aug 9, 2010
Source：BLOOMBERG
Editor：Chinmei Sung