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Currency News

UPDATE 2-Global tech demand drives Taiwan's exports to new high

08 Jan 2018 04:52Reuters
Shipments to China in December jumped 16.8 percent, matching November's pace, and those to the United States rose 12.4 percent, up from growth of 14.6 percent. more

Taiwan's economy can't distract from Tsai's troubled first year

20 May 2017 22:56South China Morning Post
The Taiwan dollar was at its weakest since 2009. ... Tsai's efforts to grow Taiwan's presence in Southeast Asia and India, dubbed the New Southbound Policy, in an effort to diversify that flagging economy and wean it off China, seem to have borne fruit. more

US dollar has worst week in over a year on political worries

20 May 2017 11:31Taipei Times
The US dollar index, which tracks the greenback against a basket of six world currencies, has shed more than 2 percent this week. more

Japanese yen dips to over 1-year low against Taiwan dollar

03 May 2017 23:52Focus Taiwan News Channel
Taipei, May 4 (CNA) The Japanese yen dipped to a new low in more than one year against the Taiwan dollar at one point Thursday, attracting local consumers who rushed to pick up the Japanese currency, taking advantage of the depreciation, dealers said. more

Taiwan's largest aircraft maker bullish over long term

13 Apr 2017 11:02Taipei Times
The company is expecting further foreign-exchange strains as the New Taiwan dollar continues to strengthen. Last quarter, the New Taiwan dollar averaged at NT$31.1 against the US dollar, compared with NT$33 a year ago, the company said. “There is ... more

MarketsTaiwan dollar and stocks pull back after strengthening

11 Aug 2016 00:26Financial Times
Taiwan's currency and stock market are paring gains after displays of record-breaking strength earlier this week. The New Taiwan dollar was around 0.7 per cent weaker against the dollar at US$31.254 in early afternoon trading, while the Taiwan Stock ... more

New Taiwan dollar drops to two-month low as foreign investors pull funds out

09 Mar 2016 09:56Taipei Times
The New Taiwan dollar yesterday depreciated the most since January, as equity inflows ebbed amid a rebound in the US dollar. more

US dollar closes higher at NT$32.505 on Taipei forex

16 Oct 2015 04:22China Post
The U.S. dollar opened higher against the New Taiwan dollar on a mild technical rebound from a slump seen a session earlier, but soon encountered selling as traders here took hints from the higher won to raise their holdings in the local currency, the ... more
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