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The 112th National Financial Stabilization Fund Committee determined not to intervene in the stock market

The National Financial Stabilization Fund (‘the Fund’) held its 112th regular committee meeting today to fully discuss the recent political and economic situations at home and abroad, and other factors. The Fund Management Committee has resolved the Fund would not intervene in the market.

Taiwan's overall economy is sound and the industries in Taiwan are highly competitive. The domestic stock market receives substantial support, as Taiwan’s export continues to expand, the revenue of the listed companies has reached record highs, and the epidemic is well controlled.

Although there remains market uncertainties such as the Russia-Ukraine conflict, COVID pandemic, inflationary pressures, and monetary policy tightening, the Fund will pay close attention to domestic and foreign stock markets, and may hold impromptu committee meetings on whether action is necessary.

 

Contact Person: Director LO, Shing-Rong

Contact Tel. (02)2322-8086

Issued:National Treasury Administration Release date:2022-07-11 Last updated:2022-07-15 Click times:128