00:00Taiwan's Central Bank has reaffirmed a pledge to fight currency manipulation in a joint statement with the U.S. Treasury.
00:07The United States has put Taiwan on the list of trade partners it is monitoring for currency manipulation.
00:13Taiwan runs a trade surplus with the U.S. and benefits from the weaker currency.
00:18The joint statement said that there were cases where intervention in foreign exchange markets could be considered to fight excess volatility.
00:25Earlier this year Taiwan's currency surged against the U.S. dollar sparking speculation that U.S. President Donald Trump demanded that the Taiwan dollar appreciate.
00:35The central bank said that the U.S. Treasury did not ask Taiwan to appreciate its currency.
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