India, June 19 -- Taiwan's central bank retained its key interest rate at its June meeting on Thursday as the policy board observed that the current rate level would help sustain sound economic and financial development on the whole.
The central bank board unanimously decided to maintain the key discount rate at 2.0 percent.
In addition, the rate on refinancing of secured loans and the rate on temporary accommodations are unchanged at 2.375 percent and 4.25 percent, respectively.
Taiwan's economic growth improved much more strongly than expected this year so far amid significant expansion in exports and private investment and consumption.
The bank observed that the strong export growth was driven by more demand for artificial intelligen...