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Tag: Taiwan Dollar

Asian Currencies Gain, Led by Won, Taiwan Dollar as Stocks Rise

By Kim Kyoungwha
March 10 (Bloomberg) — Asian currencies strengthened, led by South Korea’s won and the Taiwan dollar, as stock gains helped draw funds to emerging markets.

China Trade Collapse Weakens Taiwan Dollar, Ringgit (Update1)

By Belinda Cao and Judy Chen
Feb. 9 (Bloomberg) — The Taiwan dollar is starting to feel the pain of China’s economic slowdown as exports from the island to the mainland decline.

Asian Currencies Rise, Led by Taiwan Dollar, on Spending Plans

By David Yong
Feb. 3 (Bloomberg) — Asian currencies rose, with Taiwan’s dollar posting its biggest gain this year, on optimism investor appetite for the region’s equities will increase as governments step up public spending.

Asian Currencies Drop, Led by Won, Ringgit, on Global Slowdown

By Kim Kyoungwha and David Yong

Jan. 15 (Bloomberg) — Asian currencies fell, with the Korean won, Malaysian ringgit and Taiwan dollar all reaching one-month lows, as a deepening global recession prompted investors to favor safer bets than emerging-market assets.

Dollar May Extend Drop Versus Asian Currencies, Citigroup Says

By Jamie McGee
Dec. 11 (Bloomberg) — The dollar will likely extend its retreat from a two-year high against an index of Asian currencies after breaching levels where orders to buy the greenback are clustered, according to Citigroup Inc.