Stocks and Currency Rise Together, New Taiwan Dollar Appreciates by 3.9 Points and Closes at 32.358

Reported 8 months ago

On June 19, 2024, at 5:57 am, the Taiwan Stock Market reached over 23,000 points, and the New Taiwan Dollar exchange rate also rose, closing at 32.358, up 3.9 points. The stock and currency markets moved in sync as the New Taiwan Dollar appreciated due to significant foreign capital inflow, with a total trading value of 1.58 billion USD. The US Federal Reserve's expected rate cuts and positive economic data contributed to the rise in US stocks, while the uncertainty in the Asian currency market continued.

Source: YAHOO

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