Reported by Guo Xiaobei / Taipei. Recently, the New Taiwan Dollar has rapidly appreciated, and the central bank has identified the presence of "currency speculators" in the market. Premier Zhuo Rongtai stated yesterday that Taiwan is not a currency manipulator and will not allow speculators to influence or manipulate the island's currency exchange rate. In response to any illegal behavior, the government has instructed the central bank and financial institutions to conduct a thorough investigation and hopes the exchange rate can stabilize promptly.

Before the general inquiry session of the Legislative Yuan, Premier Zhuo reaffirmed in a media interview that Taiwan has long been a stable currency country and that the Republic of China has never manipulated its exchange rate. The central bank will continue to observe currency fluctuation with a legal perspective, emphasizing the importance of protecting the market environment to encourage a rapid return to stability.

Premier Zhuo also pointed out that supporting industrial development is crucial. The central bank will consult with industries and banking institutions while considering the prevailing conditions, looking forward to support for the five-point statement released by President Lai Ching-te, which expresses high confidence in Taiwan's past economic growth and the future development of high-tech industries. Regarding the United States announcing semiconductor tariff details this week, he mentioned that the US had requested all nations or related parties to submit public comments in early May, but this does not indicate that substantial negotiations have begun. Our side intends to submit suggestions as necessary under the provisions of Section 232 for the protection of the semiconductor industry, expecting effective negotiations in the next phase.

Finally, Premier Zhuo reiterated that the discussions and negotiations never directly involved currency issues, and based on established practices and mutual understanding, the government will continue to work on prepared plans under the guidance of the president to protect the highest interests of the nation and strengthen the resilience of the industry.