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The US dollar continues to strengthen and the exchange rate breaks through the yuan mark 30 |

The US dollar index rebounded more than 1% on Monday, hitting a new high in the past month The New Taiwan dollar exchange rate continued to weaken today (7), breaking through the integer mark of 30 yuan. To 30.045 yuan, the trend of the Taipei exchange rate is different.Taiwan stocks rebounded almost 70 points in early trading, and stood back to the 15,400 point mark.

The NTD/USD exchange rate depreciated yesterday afternoon, depreciating 8.4 cents to close at 29.984 yuan, the lowest in the market. After opening at 30.04 yuan today, the intraday low reached 30.045 yuan, a depreciation of 6.1 cents, showing 4 consecutive depreciations.

The United States released non-agricultural employment data last week, much better than market expectations, reducing the possibility of interest rate cuts before the end of the year, causing the stock market to fall and the dollar to soar. US Treasury Secretary Yellen said on Monday that the US is still on track to avoid recession, with inflation falling and the economy remaining strong in terms of the labor market.

The four major US stock indexes closed in the dark. At one point Taiwan stocks rose nearly 70 points today with the help of finance and mass production, and reached a high of 15,462 points. However, electronic weight stocks TSMC and MediaTek weakened overall, and the index once pulled it back to the near Tiluso flat.

Looking at the performance of major currencies against the US dollar today, the Korean gained and the Thai baht rebounded in early trading, rebounding around 0.45%, the Japanese yen appreciated by 0.25%, the Chinese yuan appreciated by 0.16%, the dollar Singapore also rose 0.1%, the New Taiwan dollar depreciated by 0.09%, and the Asian currency There are promotions and downgrading.

New Taiwan dollar exchange rate trend. (Photo: Juheng.com)