The NT dollar depreciated three times in a row, closing at 30.685 yuan.

(Photo by reporter Chen Meiying)

[Reporter Chen Meiying/Taipei Report] Taiwan stocks opened lower and closed lower. The exchange rate of the New Taiwan dollar against the US dollar also weakened due to the expansion of foreign capital remittances. It closed at 30.685 yuan on Thursday, a depreciation of 2.3 cents. Volume shrank to $1.401 billion.

The market is worried that the rising interest rates in the United States will push the economy into recession. As the U.S. stock market continues to retreat and correct, Taiwan stocks are affected. Today, they also fell 76.97 points to close at 14553.04 points. Overselling by foreign capital expanded to 9.054 billion yuan.

Please read on...

As the U.S. dollar closed down yesterday, although the NT dollar exchange rate was offered with a slight appreciation in the morning, the market waited and waited for the decision of the Federal Reserve next week. It touched 30.713 yuan.

Observing the trend of major Asian currencies, according to the exchange rate announced by the central bank at 4:30, the U.S. dollar index fell 0.51% today, the Japanese yen rose 0.52%, the Korean won appreciated 0.28%, and the Chinese yuan rose 0.12%.

Grasp the pulse of the economy with one hand I subscribe to Free Finance Youtube channel

Already added friends, thank you

Welcome to 【Free Finance】

feel good

Already liked it, thank you.

related news