TAIPEI, Sept 29 (Reuters) - There is no need for foreign exchange control measures to be implemented in the short term and management measures are sufficient to maintain market stability if there are large outflows of capital, Taiwan's central bank said on Thursday.
Bank governor Yang Chin-long, taking lawmaker questions in parliament, said recent outflows of foreign capital were mainly due to U.S. interest rate hikes and that he believed the United States would continue to raise interest rates until the end of this year. (Reporting by Liang-sa Loh; Writing by Ben Blanchard; Editing by Jacqueline Wong)
