(EnergyAsia, September 12) — Taiwan is unlikely to meet by its economic growth target of 4% this year on the back of soaring international oil price and the depreciation of the local currency against the US dollar, said think tank Taiwan Institute of Economic Research (TIER). (US$1=NT32). The weaker currency, however, will help boost…
TAIWAN: Think tank says economy unlikely to achieve 4% growth this year on high oil prices
Posted on September 12, 2005 by EnergyAsia