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Economy

Taiwan keeps key rate steady on expectation of mild recovery

Central bank governor voices concerns about rise of protectionism

Taiwan central bank Governor Perng Fai-nan is worried that protectionism could hurt Taiwan.
DEBBY WU and CHENG TING-FANG, Nikkei staff writers | Taiwan

TAIPEI -- Taiwan's central bank held its key interest rate steady at 1.375% for the second consecutive quarter on Thursday, in line with market expectations.

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