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Taiwan dollar surges to two-year high, central bank refutes US pressure claims

Joseph Chen, DIGITIMES Asia, Taipei Tuesday 6 May 2025 0

Credit: Digitimes

The New Taiwan dollar (NTD) surged to a two-year high against the US dollar on May 5, 2025, briefly strengthening by more than NT$0.15 to reach NT$29.59 per USD—the strongest single-day gain in nearly four decades. The abrupt appreciation prompted...

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