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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Singapore Asia Pacific World Taiwan cbank: T$120 bln in foreign funds not in securities Reuters - Wednesday, October 20 Send IM Story Print TAIPEI, Oct 20 in foreign funds in Taiwan were not invested in securities, the island's central bank governor told parliament on Wednesday. Govenor Perng Fai-nan added that T$250 billion had been invested in bonds. Perng said he expects foreign funds invested in bonds and funds not invested in securities to come to a reasonable level of T$150 billion. His comments follow a central bank report on Tuesday that covered currency exchange rates [ID:nTOE69I047], which are sometimes determined by inflows of hot money. The central bank uses exchange rates to help its export-powered economy but also seeks to keep prices fair, discouraging currency speculation, strategists say. Recommend Send IM Story Print Related Articles US-BUSINESS Summary Reuters - 25 minutes ago Asia stocks cut losses as China shock wears off Reuters - 25 minutes ago China to raise retail fuel prices Thursday -source Reuters - 26 minutes ago STOCKS NEWS EUROPE-Novo bounces as rivals hit snag Reuters - 29 minutes ago TABLE-Sanwaria Agro July-Sept net up 11 pct Reuters - 31 minutes ago News Search Top Stories US banks fight back in 'foreclosure-gate' US military ends gay ban UK unveils spending cuts to tackle huge deficit Much of planet could see extreme drought in 30 years: study A million protest pensions plan as fuel shortages bite More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Time, like all good things, may come to an end: study Russian spy Chapman strips off for men's magazine Chevron spoofed in 'candid' ads Typhoon Megi death toll rises to three in Philippines US Treasury to sell 1.5 bln Citigroup shares More Most Viewed » Time, like all good things, may come to an end: study Too much TV psychologically harms kids: study Iranian chocolate thief 'to have hand chopped off' British lottery winner gets record 129 mln euros 'A billion people' go hungry in 2010: report More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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