Central Bank Governor Yang Chin-long went to the Legislative Yuan for a business report on the 28th, addressing issues such as TWD depreciation despite surplus, inflation breaking 2%, foreign investor net selling and forex intervention, explaining the impact of foreign investor profit-taking and fund flows, and reiterating market regulation under the willow theory.
Macro & Policy
Typhoon Qiangpi struck Miaoli with level-12 winds and heavy rain, causing fruit drop and cracking in citrus. Affected area reached 241 hectares with losses of nearly NT$20 million. The Ministry of Agriculture has announced cash relief, and the county government is considering additional clearing subsidies to help orchard farmers resume production and protect livelihoods.