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Currency News

Taiwan's new central bank chief faces risks from Fed tightening

22 Feb 2018 22:30Nikkei Asian Review
After Yang takes the baton, he will first have to deal with hot money that is helping to strengthen the Taiwanese dollar against the greenback. more

Trump's Tax Success Is at the Expense of His Trade Agenda

15 Feb 2018 15:33Council on Foreign Relations (blog)
While Korea continues to resist calls to expand its system of social insurance and bring its fiscal surplus down [PDF], the won—and many other Asian currencies—are now facing pressure to appreciate. more

Forex reserves post record for 10th month in a row

06 Feb 2018 09:56Taipei Times
Yen said the commission's figure included convertible bonds and global depositary receipts issued by Taiwan-based companies, while the central bank only calculated cash inflows. more

Taiwan forex reserves hit high for 10th straight month

05 Feb 2018 23:37Focus Taiwan News Channel
Taipei, Feb. 6 (CNA) Taiwan's foreign exchange reserves at the end of January hit a new high for the 10th consecutive month partly on the back of continued fund inflows by foreign institutional investors into Taiwan, according to the central bank. A ... more

Adjustment Is Hard, Especially if it Involves the Dollar

24 Jan 2018 14:37Council on Foreign Relations (blog)
While Taiwan hasn't defended 30 NTD/USD since late December (to be fair, Taiwan's central bank maintains the private demand for dollars just happens to surge at about that level), it does seem to have resisted pressure for the Taiwan dollar to ... more

Advanced Semiconductor Engineering Nov. Net Revenues Rise - Quick Facts

07 Dec 2017 01:18Nasdaq
(RTTNews.com) - Taiwan-based Advanced Semiconductor Engineering Inc. ( ASX ) reported Thursday that its net revenues for the month of November climbed 13.5 percent to in U.S. more

Taiwan financial regulator aims to send official to China

24 Nov 2017 04:41Daily Mail
To mitigate such risks, the FSC intends to raise the insurers' reserve requirement ratios next year and also roll out new management rules, he said. ($1 = 29.9650 Taiwan dollars) (Additional Reporting by Philip Wen in Beijing; Editing by Kim Coghill ... more

Luxury fashion goods wholesaler scales its Hong Kong business with NetSuite ...

30 Aug 2017 22:56Markets Insider
NetSuite OneWorld lets Lfplaza easily transact in currencies including Hong Kong, Australian and U.S. dollars, Chinese renminbi, British pound, Japanese yen, New Taiwan dollar and the Euro, and manage three subsidiaries with efficient financial ... more
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