Taiwan sees room for more rate cuts as coronavirus impact deepens, may up SME funding
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TAIPEI (Reuters) - There is room for more interest rate cuts in Taiwan, but they will not be reduced to zero or into negative territory, and the government will offer more funds for small- and medium-sized companies if needed, its central bank said on Monday.The central bank this month cut interest rates for the first time in more than four years to a new low of 1.125%, and reduced its growth forecast for the export-oriented economy amid growing fears that the coronavirus could trigger a global..