foreign capital remittance + Taiwan stocks fall and NT dollar exchange rate knocks towards 31.7 yuan | Anue tycoon – Forex

2023-08-04 02:52:59

U.S. debt was downgraded for not throwing it away,dollar indexstand firm,New Taiwan dollarIt depreciated once morest the US dollar by 2.5 cents today (4) and opened at 31.65 yuan. The intraday low dropped to 31.697 yuan, and it closed at 31.7 yuan.

Fitch recently announced that it would downgrade the long-term foreign currency bond rating of the United States from AAA to AA+. In addition, the non-agricultural employment data of the United States will be released in July, which makes thedollar indexSlight drop, but still fluctuating at the high level of 102, the dollar is supportedNew Taiwan dollarcontinued to depreciate.

New Taiwan dollarUnder the dual pressure of foreign capital’s continuous repatriation of dividends and the decline of Taiwan stocks, following opening at 31.65 yuan today, it briefly rebounded to 31.645 yuan in early trading and then turned down.

Major Asian currencies rose and depreciated in early trading today,RMBAgainst the US dollar, it was temporarily reported at 7.1737 yuan,JPYTemporarily reported at 142.42 yuan once morest the US dollar,wonIt was temporarily quoted at 1304.5 yuan once morest the US dollar.

1691123310
#Taiwan #dollar #foreign #capital #remittance #Taiwan #stocks #fall #dollar #exchange #rate #knocks #yuan #Anue #tycoon #Forex

Photo of author

Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

England assert themselves, Germany collapses, Brazil and Canada become disillusioned… The highs and lows of the group stage

Market Recap: Dow Jones Drops 66 Points as Tech Giants’ Earnings and Employment Data Awaited

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.