Radio Taiwan International
Date: 20 March, 2020
By: Shirley Lin

Finance Minister Su Jain-rong says that the National Financial Stabilization Fund has been authorized to intervene in Taiwan’s financial markets if necessary.

The fund’s management committee authorized a stabilization fund of NT$500 billion (US$17 billion) Thursday after several days of turmoil on international stock markets due to the COVID-19 pandemic.    [FULL  STORY]