Taiwan seeks to drain excess cash, cool asset prices

March 11th, 2010  |  Published in Business

(ChinaPost.com.tw) – Taiwan’s central bank is using open-market operations to drain excess cash from the nation’s financial system, a bank official said, as policy makers seek to avoid excess liquidity fueling asset prices.

More Info: http://www.chinapost.com.tw/taiwan/t-business/2010/03/11/247861/Taiwan-seeks.htm

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