TAIPEI (Reuters) – Taiwan’s central financial institution mentioned on Saturday it has clean communication channels with the U.S. Treasury Division and can preserve speaking with them about international alternate insurance policies, after the US stored the island on a monitoring listing.

Treasury mentioned on Friday it discovered that no main U.S. buying and selling companions had manipulated their currencies for an export benefit and ended “enhanced evaluation” for Switzerland after the nation met solely certainly one of three manipulation standards.

In its semi-annual foreign money report, the division mentioned Switzerland stays on a “monitoring listing” for shut consideration to international alternate and financial insurance policies, together with six different buying and selling companions: China, Taiwan, South Korea, Germany, Malaysia and Singapore.

Taiwan’s central financial institution responded that its communication channels with the U.S. Treasury have been “clean”.

“Sooner or later, the 2 sides will proceed to speak on points reminiscent of total financial and alternate fee insurance policies on the idea of fine interactions,” it mentioned.