Taiwan dollar slides 6.5 cents on week as foreign investors pull nearly $18bn; central bank vows to intervene

The Taiwan dollar fell 6.5 cents on the week, breaking below 32.5 per US dollar, as foreign investors withdrew nearly $18 billion, prompting the central bank to issue a rare intraday statement vowing to enter the market as appropriate to maintain stability.

Detected & updated continuously · Source: Nebula