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Forex reserves fall for second month - Taipei Times
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 prompting the central bank to step in to smooth currency-market volatility. The reserves fell by US$2.88 billion to US$59
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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…
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Forex reserves fall for second month - Taipei Times
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…