Lo Chung
Lo Chung
decline dollar flowing funds investors losses prompt room sell stock taiwan
There will probably be some funds flowing out of Taiwan, weakening the currency. More losses in the stock index may prompt some investors to sell more shares. The Taiwan dollar has room to decline today.
appreciation bank central currency exceed gain help regional weaker
The central bank may want any gain not to exceed the appreciation of other regional currencies. A weaker currency will help Taiwan's exports.
biggest bought factor foreigners
Foreigners have bought a lot of Taiwan's stocks, making it the biggest factor strengthening the currency.
demand dollar foreigners taiwan together
Demand from foreigners and exporters together boosted the Taiwan dollar today.
affect dollar economic effect negative next people premier speculate start taiwan
There will be a short-term negative effect on the Taiwan dollar as people start to speculate who the next premier will be and how that will affect economic reform.