Moody's Affirms Taiwan's Sovereign Rating at Aa3, Praises Central Bank's Monetary Policy
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Moody's Investors Service has affirmed Taiwan's sovereign credit rating at 'Aa3' with a 'stable' outlook, commending the central bank's monetary policy for keeping inflation low and stable over the long term. Taiwan's central bank stated that the rating reflects the country's high income levels, robust institutional framework, external position, and its dominant role in the global semiconductor supply chain. Moody's also assigned Taiwan the highest governance score of G-1.