Major Asian Currencies Plunge as US Dollar Strengthens: New Taiwan Dollar Exchange Rate Depreciates
Impact of International US Dollar Strength on Major Asian Currencies Affected by the strength of the international US dollar, major Asian currencies have generally plunged. The New Taiwan dollar exchange rate against the US dollar depreciated today (11th), closing at 31.512 yuan, down 1.38 cents. The total transaction volume of the Taipei and Yuantai foreign […]
Taipei Stock Market and Foreign Exchange: A Mood Shift as New Taiwan Dollar Depreciates against US Dollar
Fluctuating Foreign Exchange Market Creates Volatility Today, the Taipei stock market and foreign exchange market experienced divergent trends, with the weighted index sharply fluctuating and the New Taiwan dollar depreciating against the US dollar to close at 31.475 yuan. The total value of market transactions increased to US$1.6855 billion, as large-scale payments of foreign capital […]
AMD Radeon RX 500/Vega Series Users: Time to Upgrade Your Graphics Card
AMD Discontinues Driver Support for GCN Architecture: Time to Upgrade? If you are an avid gamer still utilizing an AMD Radeon RX 500/Vega series based on the GCN architecture, it may be time to consider an upgrade. AMD has recently announced the discontinuation of the latest game support driver updates for these GCN architectures, specifically […]
iPhone 15 Debut Imminent: Best Time to Sell Used Phones Revealed
The much-anticipated introduction of the iPhone 15 is fast approaching, signaling a prime opportunity for selling used phones. Apple enthusiasts eagerly await the release, as rumors abound regarding numerous upgrades this year. However, selling off old devices after the new iPhone hits the market typically results in diminished resale value. Recognizing this trend, a recent […]
Why is the Taiwan dollar depreciating despite the large-scale remittance of foreign capital?Central Bank: Taiwan dollar follows Asian currencies in the near future-Free Finance and Economics
Why is the Taiwan dollar depreciating despite the large-scale remittance of foreign capital? The central bank said this was because the Taiwan dollar followed the Asian currencies. (Photo by reporter Chen Meiying) [Reporter Chen Meiying/Taipei Report]According to the statistics of the Financial Supervisory Commission, the inflow of foreign capital in the first half of the […]
