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Currency News

New Taiwan dollar shows best year in three decades

28 Dec 2017 09:56Taipei Times
The NT dollar surged as much as 0.63 percent to NT$29.75 versus the US dollar in yesterday's session, but pared some of its gain to 0.33 percent at the end. more

Taiwanese economy on course for rest of year

13 Aug 2017 10:56Taipei Times
The survey also found that many experts expect the US dollar to appreciate against the New Taiwan dollar in the second half of the year, but the TAIEX might enter a correction cycle. more

Taiwan raises 2017 economic outlook to three-year high, but warns of risks ahead

26 May 2017 03:44One America News Network
TAIPEI (Reuters) - Trade-reliant Taiwan raised its 2017 economic growth outlook to a three-year high on Friday as exports improve, driven by strong global demand for smartphones and other hi-tech electronic gadgets. more

Quanta's bottom line hammered by foreign exchange losses

13 May 2017 00:37Focus Taiwan News Channel
Quanta is one of many exports-oriented high-tech firms in Taiwan which have reported foreign exchange losses in the first quarter, when the New Taiwan dollar appreciated about 6 percent against the U.S. dollar due to massive foreign fund inflows. more

Yulon Nissan cash dividend soars on high earnings

12 May 2017 12:56Taipei Times
Lee gave an optimistic outlook for the rest of this year, citing better-than-expected demand for the company's new models and an appreciating New Taiwan dollar against the Japanese yen. “The company might also take advantage of the strong NT dollar, ... more

Taiwan dollar hits 2.5-year high

21 Mar 2017 01:11Taiwan News
TAIPEI (Taiwan News) -- The New Taiwan Dollar appreciated to its highest level in two and a half years on Tuesday, breaking the 30.5 threshold against the US dollar with its highest level reaching 30.403 this morning. more

Redesign of least counterfeited New Taiwan Dollar bills too costly: Central Bank

03 Mar 2017 03:00Taiwan News
Taipei (Taiwan News)—Revamping New Taiwan Dollar bills, one of the world's least counterfeited currencies, would take six years and cost taxpayers NT$50 billion (US$1.61 billion), said Perng Fai-nan (???), the central bank's governor. more

Taiwan dollar eases to a new low against the US dollar

28 Oct 2016 05:07FTSE Global Markets
The US dollar rose against the Taiwan dollar at the start of this week, gaining NT$0.355 since the start of the month to close at NT$31.678 as investors reacted to the weakness of the Chinese yuan in cutting their holdings of the local currency reports ... more
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