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The government is not engaged in currency manipulation, Premier Cho Jung-tai (卓榮泰) reiterated yesterday, amid speculation that the sudden appreciation of the local currency was related to pressure ...
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The Hong Kong Monetary Authority (HKMA) intervened in the financial markets twice on Tuesday to defend the local currency’s peg with the US dollar, as capital flowed in ahead of some major share ...
Hong Kong authorities further intervened in the market, stepping up purchases of US dollars to defend the foreign exchange peg after the city’s currency again tested the upper end of its trading ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
At an emergency meeting Monday, the governor of the local central bank said the U.S. hadn't asked Taiwan to lift the value of its currency. He pointed to capital inflows and a rebound in gobal ...
Taiwan Central Bank Says U.S. Didn’t Make Forex Demands, Urges Calm as Currency Surges The U.S. dollar extended declines against its Taiwan counterpart to reach the lowest since 2022 By ...
Chinese-language media reporting that the US is pressing Taiwan on currency exchange rates were based on a misinterpretation of a South Korean news report, the Ministry of Foreign Affairs said on ...
Singapore - The US dollar may face a US$2.5 trillion (S$3.2 trillion) “avalanche” of selling as Asian countries unwind their stockpile of the world’s reserve currency, according to currency ...
Let's examine the most likely impacts of these tariffs on major currencies to enhance the accuracy of your Forex trading and currency investing. Short-term effects on currencies caused by tariffs ...
This marked the currency's strongest single-day gain in more than three... Save my User ID and Password Some subscribers prefer to save their log-in information so they do not have to enter their ...
Read: Seize the opportunity: Why your R1m discretionary allowance matters Clients can fund their currency pockets in seconds and mitigate foreign exchange volatility, Merafe says. Built into the ...