Taiwan dollar posts sharpest surge since 1988 amid trade deal...

Dununu.com Dununu

Sponsored

Taiwan dollar posts sharpest surge since 1988 amid trade deal speculation with US

RSS Feed Business

Posted

197

Taiwan's dollar saw a significant surge, the largest since 1988. This happened amid speculation about potential trade negotiations with the United States. Taiwan's central bank addressed the surge, attributing it partially to market rumors. They also clarified that the US hadn't demanded currency appreciation. The surge impacted local exporters and life insurance companies.

Read Full Article

Please log in to like, share and comment!

Iran's Supreme era coming to end? Ayatollah Ali Khamenei names successors; son's name missing

Facing an uncertain future amid escalating tensions, Iran's Supreme Leader Ayatollah Ali Khamenei...

By 0 3

Reducing acute dependence, countering China’s near monopoly: India readies Rs 5,000 crore scheme for rare earth minerals

India is looking to reduce its reliance on China for rare earth minerals with a Rs 3,500-Rs 5,000...

By 0 4

Nepal-France hold fifth bilateral consultation meeting in Kathmandu

KATHMANDU: The fifth meeting of the Nepal-France Bilateral Consultation Mechanism (BCM) was held...

By 0 7

How Trump's visa crackdown is pushing 16 US colleges toward financial collapse

By 0 8

Honeymoon murder case: Meghalaya court remands Sonam, Raj to 13-day judicial custody - details

By 0 10