May 3, 2017 / 2:34 AM / 3 months ago

Taiwan central bank says currency volatility as 'unavoidable'

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TAIPEI, May 3 (Reuters) - Taiwan's central bank sees volatility of the local currency against the U.S. dollar as "unavoidable" and urges local companies to be vigilant about currency hedging, deputy governor Yang Chin-long said on Wednesday.

Yang made the comments in a parliamentary session, without elaborating. (Reporting by Faith Hung; Editing by Sam Holmes)

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