Taiwan Central Bank: Trade Surplus With US Was $143.8 Bln last year, Close to Taiwan's Entire Trade Surplus

Dec 18 (Reuters) - Taiwan's central bank governor Yang Chin-long told reporters after the bank's quarterly board meeting on Thursday:

• TRADE SURPLUS WITH US WAS $143.8 BILLION THIS YEAR, MOSTLY HIGH TECH PRODUCTS, CLOSE TO TAIWAN'S ENTIRE TRADE SURPLUS

• TONE OF OUR MONETARY POICY IS APPROPRIATE

• TONE OF OUR MONETARY POLICY IS TIGHT YET FLUID

• WE WILL MONITOR THE FED'S MONETARY POLICY VERY CLOSELY NEXT YEAR

• THE RECENT CAPITAL OUTFLOW BY FOREIGN INVESTORS WAS DUE TO CONCERNS OF AN AI BUBBLE, BUT SUCH CORRECTION IN THE STOCK MARKET IS NORMAL

• IF INFLATION REMAINS MILD, THERE IS NO BASIS FOR A RATE INCREASE

• THE TAIWAN DOLLAR WOULD NOT DEPRECIATE AGAINST THE US DOLLAR NEXT YEAR GIVEN US-APPROVED $11.1 BILLION ARMS PACKAGE TO TAIWAN

Source text: [ID:]

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