Reported about 11 hours ago
The Taiwan dollar surged to a near three-year high amid speculation of foreign exchange revaluations to gain trade concessions from the U.S., coinciding with Warren Buffett's retirement announcement from Berkshire Hathaway. This significant rise in the Taiwan dollar marks over a 6% increase over two days, the largest recorded, while other global markets were subdued due to holidays. President Trump maintained his stance on tariffs and called for lower interest rates without intending to remove Federal Reserve Chair Jerome Powell, as central bank decisions loom.
Source: YAHOO