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but not entirely believed by a market which sees the Taiwan dollar's jump having its tacit approval, as well as likely to be welcomed by the United States. The scale of the rally suggests a big ...
Currency rises to NT$29.66 amid Fed rate cut speculation after US consumer price index falls below forecasts | ...
The Taiwan dollar's sharp rally piled on some pressure on the island's export-heavy tech sector, as a stronger local currency makes goods expensive for foreign buyers, reducing its competitiveness.
The Taiwan dollar has seen its biggest two-day surge ever against the dollar, Bloomberg reported earlier, and was last changing hands at 28.92, near the session highs and a level not seen since ...
TAIPEI (Taiwan News) — Analysts worry that an 8% gain in the Taiwan dollar versus the US dollar over two days is more than a cyclical correction, and is instead part of a global financial realignment ...
TAIPEI: Taiwan dollar’s biggest rally in almost a quarter of a century is set to unwind as a looming global recession cuts into the island’s technology exports. The currency, which has risen ...
KUALA LUMPUR, May 9 (Bernama) -- The Taiwan dollar’s rapid appreciation against the United States (US) dollar in recent days has raised foreign exchange (FX) risk concerns for the country’s life ...