Taiwan c bank says chances of financial crisis not high


FE Team | Published: March 12, 2020 15:05:12 | Updated: March 20, 2020 12:29:40


File photo (Collected)

The chances of a financial crisis are not high, Taiwan central bank governor Yang Chin-long told parliament on Thursday, reports Reuters.

If the coronavirus continues to spread into the third quarter, then Taiwan’s economic growth won’t exceed 2.0 per cent this year, he added.

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