Taiwan Dollar Surges to Record Levels Against the US Dollar
Sunday, May 4, 2025, 10:20 pm
Bloomberg reports a striking rally in the Taiwan Dollar with one update noting a dramatic 4% jump—the largest since 1988—and another citing a 2% surge to a two‐year high. The market’s fluctuating metrics underscore a volatile yet buoyant forex environment.
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The currency of Taiwan, the 'silicon island,' has appreciated over 10% vs the USD in the space of just a few days, raising concerns about further price rises coming to U.S. consumers.
Taiwan says no exchange rate tariff talks with US as currency soars Reuters
Taiwan Stocks See Second Day of Inflows Amid Currency Surge Bloomberg.com
The Taiwan dollar's single-day gain of 3.71% marks its largest increase since 2002.
The Taiwanese dollar’s torrid rally Financial Times
Dollar under water as surge in Taiwan dollar spills over Reuters
TWD/USD: Taiwan Dollar Surges Another 4%, Jumping Most Since 1988 Bloomberg.com
TWD/USD: Taiwan Dollar Surges More Than 2% to Two-Year High vs US Dollar Bloomberg.com
permalink / 8 stories from sources in 5 days ago #banking #finance #asia #economy
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