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The Central Bank indicated Monday, exchange rate stability and financial stability do not hinder market liberalization and the development of regional financial centers. Financial stability is the only foundation of long-term economic and financial
The Reserve Bank of Australia announced Tuesday that its low interest policy will remain unchanged. The New Taiwan Dollar broke through the NT$30 threshold Monday. The New Taiwan Dollar began appreciating again Tuesday morning as Taiwanese stocks
Taipei, March 22 (CNA) The Taiwan dollar, which suffered heavy downward pressure in recent sessions, ranked the third weakest among Asian currencies so far this year, according to statistics compiled by Bloomberg.
Taipei, March 6 (CNA) The U.S. dollar fell against the Taiwan dollar Thursday, shedding NT$0.029 to close at NT$30.323 as traders moved their funds into regional currencies, including the local unit, after the United States reported disappointing
Taipei, Feb. 12 (CNA) The U.S. dollar fell against the Taiwan dollar Wednesday, shedding NT$0.06 to close at NT$30.346 amid eased concerns over the U.S. Federal Reserve's tapering of its stimulus program, dealers said.
Taipei, Jan. 17 (CNA) The U.S. dollar fell against the Taiwan dollar for the third consecutive session Friday, shedding NT$0.035 to close at NT$30.221 as exporters sold the greenback in exchange for the local currency to meet fund demands with the
NewsApp NewsApp (Free) Read news as it happens Available on Rediff News All News S entiment on most emerging Asian currencies deteriorated in the last two weeks with short positions in the Singapore dollar, the Philippine peso and the Taiwan
Taipei, Jan. 8 (CNA) The U.S. dollar fell against the Taiwan dollar Wednesday, shedding NT$0.075 to close at NT$30.240 as traders were influenced by the strength of the South Korea n won to buy into the local currency, dealers said.
Taipei, Jan. 1 (CNA) Taiwan faces pressing challenges from Japan and South Korea at a time when the country is eager to grasp a larger share of the export market, economists said Wednesday. The Japanese yen has depreciated against the U.S. dollar
The Taiwan dollar lost 2.72 percent against the U.S. dollar over the year of 2013 to close at 29.950 Tuesday, the first time that the local unit has seen an annual depreciation against the greenback in more than four years. Market analysts attributed