Central bank asserts ‘close’ communications with US

By Crystal Hsu / Staff reporter, with CNA Add TT as Preferred Source The central bank yesterday said it maintains close communication with the US Department of the Treasury on economic and currency policy issues, and would continue exchanging views with Washington.It made the comments after the US on Thursday kept Taiwan on its latest list of countries to monitor for possible currency manipulation.The US named 10 trading partners on its currency manipulation monitoring list — Taiwan, Japan, China, South Korea, Thailand, Singapore, Vietnam, Germany, Ireland and Switzerland — and said their “currency practices and macroeconomic policies merit close attention.” New Taiwan dollar exchange rates against various currencies are displayed at a currency exchange in Taipei on May 6 last year. Photo: