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

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

Postado

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

Faça Login para curtir, compartilhar e comentar!

Business

Finance minister Nirmala Sitharaman asks officials to improve refund, registration of GST

Finance Minister Nirmala Sitharaman has directed tax officials to streamline GST registration,...

Por 0 7

Business

Campus to invest $100 million in student companies

Campus Fund, a VC firm dedicated to student and dropout-led startups, has launched its largest...

Por 0 7

Business

Reporting of foreign assets, income up in FY24: Finance minister

The finance ministry reported a significant 45% increase in foreign asset and income disclosures,...

Por 0 7

Business

Jaguar Land Rover to face $2.1billion tariff hit: N Chandrasekaran

Tata Motors faces a potential $2.1 billion tariff hit on Jaguar Land Rover due to new US trade...

Por 0 8

Business

Temporary relief? Sensex soars 1,046 points on foreign buying

Indian stock markets witnessed a significant surge on Friday. The Sensex jumped by 1,046 points,...

Por 0 7