March 2 Taiwan's central bank governor Perng
Fai-nan made the following comments in a parliament session:
* Taiwan has massive forex reserves to maintain market order
if a U.S. rate hike prompts foreign fund outflows.
* The U.S. dollar accounts for most of the central bank's
forex reserves. The central bank did not increase its holdings
of Chinese currency.
* Perng said earlier on Thursday the U.S. government is
unlikely to label Taiwan a currency manipulator under the
existing criteria used by the U.S. Treasury to assess currency
policies of its trading partners.
(Reporting by Faith Hung; Editing by Jacqueline Wong)