Funds fled and the Asian currency all collapsed, depreciated by 1.42 cents and closed at 28.755 yuan | Anue Juheng-Forex

Affected by the expansion of the local epidemic, the Taipei Stock Exchange staged a double-kill trend today (28), and the frantic withdrawal of foreign capital made theNew Taiwan DollarThe exchange rate once morest the U.S. dollar directly broke the 28.7 yuan barrier, dropped to 28.772 yuan, and finally depreciated 1.42 points to close at 28.755 yuan. Both intraday and closing levels both hit a new low in the past 1 year and 4 months. The total transaction value of the Taipei and Yuantai foreign exchange markets Exploded $2.201 billion.

Asian currencies fell to the ground today, and there was a lot of dollar buying in the Taipei foreign exchange market in the early morning, and the demand in the followingnoon was also quite strong, makingNew Taiwan DollarThe lowest exchange rate once morest the US dollar came to 28.772 yuan, a depreciation of 1.59 corners.

Although exporters had real demand for foreign exchange at the end of the month, they might not stop the depreciation. It ended at 28.755 yuan, a depreciation of 1.42 points, the lowest price since the beginning of December 2020. The transaction value of the Taipei foreign exchange market was 1.574 billion US dollars, Yuantai foreign exchange Market turnover was valued at $627 million.

Domestic local epidemics broke out at multiple points, coupled with the implementation of district closures in Shanghai, which may impact the production and shipments of Taiwan factories, causing investor panic. Taiwan stocks once collapsed by more than 300 points today, and electronic groups such as TSMC became the focus of killing. However, shipping , The financial community turned red strongly at midday,weighted indexThe final drop converged to 156 points and closed at 17520 points. The monthly and annual lines were lost and recovered. The foreign capital turned to sell over 12.5 billion yuan.

Observe the performance of major currencies once morest the US dollar,US dollar indexrose 0.74% today,Japanese Yenplunged 1.76%,wonandEURdepreciated by 0.69% and 0.66% respectively,New Taiwan Dollardepreciated 0.49%, Singapore dollar depreciated 0.33%,RMBDepreciated by 0.12%, the Asian currency plunged across the board.

New York Fed President and FOMC voter Williams said that the Fed may need to raise interest rates more aggressively to deal with high inflation, and said that if necessary, raising interest rates by 2 yards would be an option, once more for the May monetary policy meeting. The possibility of interest rates opened the door, and the 10-year U.S. Treasury yield soared to a two-year high on the 25th.

The recent exchange rate trend of the New Taiwan Dollar. (Picture: Juheng.com)


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