statement
Foreign exchange traders said Taiwan stocks launched a counterattack, but foreign investors had not changed their minds, making it hard for the NT dollar to keep pace with the stock rebound.
A statement by 外匯交易員. Statements are as reported by the cited publishers — not verified by DecisionGateway.
外匯交易員表示,台股展開反攻,外資卻仍未回心轉意,新台幣匯率難以跟上台股反彈腳步
Related claims
After the NT dollar fell below 32.9, exporters actively entered the market to sell US dollars, but this was still no match for the force of foreign capital outflows.stockintelligencenews · statementCompared with other major Asian currencies, the NT dollar has depreciated too quickly recently; after the central bank adjusted in late trading, the close held at the 32.8 level.stockintelligencenews · statementThe New Taiwan dollar came under heavy depreciation pressure, hitting a low of 32.97 against the US dollar, close to the 33 mark, before the central bank stepped up its defense and the currency closed at 32.865, up 1.7 cents.stockintelligencenews · statementTaiwan stocks continued their rebound, rising 1050.22 points to close at 42711.92.stockintelligencenews · statementThanks to government intervention the Taiwan market rebounded 5% on the 9th, but foreign investors continued net selling, and a sustained rebound is hard to expect until foreign supply stabilizes.하나증권 중국테마전략 김성은 · predictionIn the short term, the dollar index still has support, the NT dollar's weak pattern remains unchanged, and the key remains foreign capital flows; the exchange rate is expected to possibly test the 33 mark again.stockintelligencenews · prediction