00:00Taiwan's central bank has decided not to raise the country's main interest rate, keeping it at 2% for a seventh straight quarter.
00:09The bank cited strong growth driven by the AI boom and stable inflation as reasons for its decision.
00:16Taiwan's GDP is forecast to grow by over 7% this year.
00:21Central bank officials also responded to an article last month in The Economist,
00:25which raised concerns about Taiwan's undervalued currency and trade imbalances.
00:31The bank said Taiwan's competitiveness comes from strong trade performance, not currency manipulation.
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