BRIEF-Taiwan Cbank Chief: Taiwan's Solid Economy Can Withstand Strong U.S. Dollar

- Taiwan's central bank chief Yang Chin-long made the following comments in a parliamentary session on Thursday,

  • TAIWAN'S SOLID ECONOMY CAN WITHSTAND STRONG U.S. DOLLAR

  • FOREIGN FUND FLOWS CAN HAVE MORE IMPACT ON THE TAIWAN DOLLAR EXCHANGE RATE THAN U.S. DOLLAR TRANSACTIONS BY LOCAL COMPANIES

  • WE ARE UNCONCERNED ABOUT A STRONG U.S. DOLLAR

  • WE DO HAVE CONCERNS ABOUT THE POSSIBILITY OF AN AI BUBBLE

  • AI IS DRIVEN BY REAL GROWTH POTENTIAL, BUT IT'S THE POSSIBILITY OF OVER-EXPANSION VIA OVER-LEVERAGING THAT CONCERNS US

  • WE HOPE MARKET INVESTORS WILL NOT BECOME OVER-LEVERAGED (WHEN ASKED IF HE SEES TAIWAN'S STOCK MARKET AS OVERHEATED)

Source text: [ID:]

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