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

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

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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.

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