TAIPEI, Nov 19 (Reuters) - Taiwan's central bank said on Thursday it will maintain order in the forex market if irregularities occur.
Central Bank Governor Perng Fai-nan made the comments when answering legislators' questions in the parliament.
Asked by a legislator whether the financial memorandum of understanding signed between Taiwan and China will cause the Taiwan dollar to strengthen past T$32 in coming sessions, Perng said it would be unlikely.
The deal was seen as a booster for Taiwan's financial markets in the long term as it paved the way for wider opening of financial markets between Taiwan and China.
Perng's comments came after the Taiwan dollar market opened on Thursday. The Taiwan dollar TWD=TP weakened to T$32.137 to the U.S. dollar half an hour into trade. (Reporting by Lee Chyen Yee; Editing by Ken Wills)