Taiwan CBank: Seeking Confirmation of Foreign Fund Infows To Taiwan Stocks From Citi And Other Custodian Banks

July 4 (Reuters) - Taiwan Central Bank:

• WE HAVE CONTACTED CUSTODIAN BANKS TO UNDERSTAND SITUATION REGARDING FOREIGN FUND INFLOWS AND THEIR INVESTMENT IN TAIWAN STOCKS

• WE WANT TO CONFIRM THAT FOREIGN INVESTORS' FUND INFLOWS ARE INVESTED IN TAIWAN STOCKS, AND THAT THEY SEND THE MONEY OUT OF TAIWAN AFTER SELLING STOCKS

• AS A GENERAL RULE, TAIWAN EXPORTERS CAN SELL THEIR U.S. DOLLAR HOLDINGS FOR UP TO $10 MILLION PER DAY

• WE WILL COMMUNICATE WITH CUSTODIAN BANKS NEXT WEEK AND IF FOREIGN INVESTORS' SELF-GOVERNANCE IS NOT UP TO PAR, WE'LL INTRODUCE APPROPRIATE MEASURES

• CUSTODIAN BANKS OF INQUIRY ARE HSBC, CITI, STANDARD CHARTERED, DEUTSCHE BANK

Source text: [ID:]