TAIPEI (XFN-ASIA) - Central bank governor Perng Fai-nan reiterated that the
bank will ensure financial market stability following the weekend presidential
election, the Commercial Times reported.
Although Perng declined to make any specific comment on the possible impact
of the election outcome on the forex market, Ma Ying-jeou's landslide victory is
expected to lead to a surge in foreign capital inflows into Taiwan, the paper
noted.
Ma of the opposition Kuomintang party won the election on a campaign to
improve economic ties with China.
The Taiwan dollar closed Friday at 30.550 against the US dollar.
adela.lin@afxasia.com
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xfnal/xfnrc
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