Objectives of this Programme
Selection Criteria
Practitioner Activities
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Name
Perng Fai-Nan
Current Designation
Governor
Current Institution
Central Bank of the Republic of China
Country
Taiwan
Specialisation
Regulation
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Perng
became the governor of the Central Bank of China (Taiwan) in 1998, at a time
when the Non-Delivery Forward (NDF) market ballooned owing to speculators seeking to benefit from exchange rate
manipulation during the Asian Financial Crisis and the Taiwan dollar
depreciated. He acted deftly by blocking speculators' access to local currency
funding and stabilising the Taiwan dollar. Perng is known for always
acting swiftly to limit appreciation in
the Taiwan dollar whenever capital inflows, attracted by Asia´s growth, have
posed a risk to Taiwan’s exports and threatened to pump up asset prices.
Other Regulation Practitioners
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