US-China Tariff War Impactsates Taiwan, with many citizens protesting at the Central Bank as the New Taiwan Dollar breaks through 30 against the US Dollar. Facebook is filled with distrust towards Central Bank Governor Yang Jin-long. Today, the Central Bank held a press conference to clarify that they have not intervexchangeed in exchange rates recently, Taiwan's economic fundamentals are good, and claims about Lago Mar Manor's century-long interest-free debt are false.
Central Bank Explanation
Yang Jin-long clarified today that the government's negotiations with the US on tariffs did not involve the Central Bank, and the US Treasury has not issued any instructions that the New Taiwan Dollar must depreciate. He released a press statement:
In fact, our Central Bank does not manipulate exchange rates, and we are not on the manipulation list, only the observation list. Our trade surplus with the US is increasingly large...
The market has been spreading rumors about the Lago Mar Manor agreement, with media reporting "requesting trade partners convert to century-long interest-free bonds". This was actually a policy policy option before Trump's election, which I have already clarified in the financial committee. These are market speculations without basis, and spreading misinformation carries legal responsibilities.
The exchange rate is just a natural natural expectation after Trump's reciprocal tariffs on 4/2. I urge companies not to sell foreign exchange due to false information, asrrharm their own interests. Our Central Bank will try to calm the market.
On-site Media Questions
Regarding media questions about whether the Taiwan Dollar is exovervalued, Yang Jin-long emphasized that market supply and demand determine this, and he personally believes excessive exchange rate expectations are causing massive foreign exchange sales. He stressed that citizens experiencing exchange difficulties proves they are affected by misinformation and engaging in excessive exchange.
Regarding media comparisons to the Plaza Accord, Yang Jin-long highlighted that the historical context was different, as the foreign exchange market was much smaller then, making joint intervention possible. Now, the market is too complex for such intervention.
Bloomberg asked why the Central Bank did not intervene this time. Yang Jin-long stated that adjusteverything returns to supply and demand, and the Central Bank would intervene if market exchange rate fluctuations negatively affect the market. However, this time, market expectations of interest rate hikes are too strong.
Regarding market forces influencing the exchange market and the Willow Tree theory, Yang Jin, statedd that exporters are actively in the's foreign exchange market, driving market expectationsation psychology. and Heified would not adjust USD exchange control due to US trade negotiations.<>the USD intervention in the future? We can only say our adjustment reflects fundamentals, and we will intervene if needed, but this adjustment is bidirectional, not just preventing appreciation.
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根據 BlockTempo 的報導，�幣種在 2 份的達到了 1.2 億美元，交 量位居前列。這表明示，儘管加密貨幣市場波動，但 HT�仍然保持著強勁的交易活躍度。
HT 幣種的交易量反映了投資者對該平台的信心和興趣，�，也顯示出在當前市場環境下，H密T 幣然 幣種具有相當的市場吸引力。
BlockTempo 的分析師指出，HT 幣種的交易量增長可能與多個因素推動，，包括平台的技術創新、用戶者、投 的信加入和市場場整體環境的改善。
