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  • 0.0243
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    -0.412%
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  • High:
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  • 52wk High:
    0.0259
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  • 04:25
    Nov, 21
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Currency News

Government raises GDP growth forecast to 2.05%

26 May 2017 11:05Taipei Times
The outlook has improved, but the local currency's ongoing appreciation might soften the GDP showing in New Taiwan dollar-denominated terms, Chu said, adding that each NT$1 appreciation in the local currency knocks 0.01 percentage points off GDP ... more

Taiwan's economy seeing sluggish growth

26 May 2017 10:00Focus Taiwan News Channel
Taipei, May 26 (CNA) Taiwan's economy turned sluggish in April, with the overall monitoring index flashing "yellow-blue" for the first time after nine consecutive months of stable growth, according to business indicators published on Friday by the ... more

Rupee hits 20-month peak; Taiwan dollar at 2-1/2 yr high

26 Apr 2017 02:30Economic Times
"Even as there are likely gains in the dollar, on the domestic front, excess rupee liquidity in the banking sector and continuous (foreign inflows) could prevent the Reserve Bank of India to intervene aggressively in the forex market," HDFC Bank said ... more

Year of the Monkey gives Taiwan dollar an unusual boost

27 Jan 2017 05:45Focus Taiwan News Channel
The movement of the Taiwan dollar in the coming months will be tied to the general strength of the greenback, the pace of interest rate hikes by the U.S. more

Yuan, Taiwan Dollar Slip After Trump Tweets Criticism of China

04 Dec 2016 23:53Wall Street Journal
The New Taiwan dollar meanwhile fell 0.3% against the greenback, in the first trading session after it emerged Mr. Trump had spoken by phone with Taiwan's president on Friday, breaking with longstanding U.S. more

Taiwan dollar at strongest level in a year

09 Aug 2016 01:39Financial Times
The New Taiwan dollar strengthened just enough to trade at NT$31.396 against the US dollar on Tuesday, marking its strongest level against the American currency since July 2015. more

Goldman Cut Won, Taiwan Dollar Forecast On Weaker Yuan

11 Jan 2016 18:45Barron's (blog)
Yesterday, Goldman Sachs lowered its 12-month yuan forecast to 7.00 per dollar but said the Korean won and the Malaysian ringgits are better proxy shorts for the yuan. more

US dollar closes lower at NT$31.120 on Taipei forex

03 Jul 2015 11:07China Post
The losses incurred by the U.S. dollar were capped, however, by continued intervention by Taiwan's central bank to slow down the pace of the New Taiwan dollar's appreciation, the dealers said. Despite the local central bank's presence, trading volume ... more
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