Taiwan overnight interbank opens lower at 0.178 pct

August 4, 2016 1:10 AM

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TAIPEI Aug 4 Taiwan's overnight interbank rate opened lower at 0.178 percent on Thursday from its previous session open of 0.179 percent.

The overnight interbank rate is closely watched by market participants because it is guided by the central bank and is seen as a signal of its monetary policy bias.

Also read: Brazil’s Central Bank Keeps Key Rate Steady for First Time in 13 Meetings

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