The New Taiwan dollar fell sharply against the US dollar yesterday to move past NT$32.4 due to large fund outflows, dealers said. The NT dollar dropped NT$0.146 to close at NT$32.438 against the US dollar after reaching an intraday low of NT$32.490. Combined turnover on the Taiwan Foreign Exchange a

The New Taiwan dollar fell sharply against the US dollar yesterday to move past NT$32.4 due to large fund outflows, dealers said. The NT dollar dropped NT$0.146 to close at…

Taiwan’s foreign-exchange reserves fell for a second consecutive month last month as overseas investors repatriated stock gains and dividend income, boosting US dollar demand and…