‘PERNG FAI-NAN LINE’: Yang said that the central bank does not currently have, or has ever had, a fixed limit on the NT dollar’s appreciation against the US dollar
Taipei Times
Date: Mar 16, 2018
By: Jonathan Chin / Staff writer, with CNA
Central bank Governor Yang Chin-long (楊金龍) yesterday said the
Central bank Governor Yang Chin-long speaks at a question-and-answer session at the Legislative Yuan in Taipei yesterday. Photo: Wang Yi-sung, Taipei Times
bank would remove authoritarian icons from the nation’s currency if explicit orders were given by the transitional justice promotion committee to be established by the Executive Yuan.
Yang made the remark at a meeting of the Legislative Yuan’s Finance Committee, after Chinese Nationalist Party (KMT) Legislator Lai Shyh-bao (賴士葆) asked whether the passage of the Act on Promoting Transitional Justice (促進轉型正義條例) would prompt changes to the design of the nation’s currency.
Although the act was promulgated last year, the central bank cannot make changes before the transitional justice promotion committee specifies which banknotes or coins contain authoritarian imagery, Yang said. [FULL STORY]
