Taipei, June 19 -- The Central Bank of the Republic of China (Taiwan) on Thursday kept the key interest rates unchanged after a quarterly policymaking meeting, as reported by the Focus Taiwan.

The decision to keep rate cuts unchanged marked the fifth consecutive quarter the central bank has left interest rates unchanged, as the market widely anticipated.

This decision comes after the U.S. Federal Reserve made a similar decision overnight to maintain its monetary policy for the fourth policymaking meeting in a row.

Additionally, other leading major economies, such as the UAE, also held interest rates steady after their policymaking meetings.

Following Thursday's decision, the local discount rate will stay at 2 per cent, which is still ...