Reported about 1 year ago
Foreign hot money continued to pour into the Taiwan stock market, with the Financial Supervisory Commission disclosing on July 5th that foreign capital inflow in June alone reached 6.38 billion USD, equivalent to around 215.4 billion TWD at the exchange rate of 32.45 TWD per USD at the end of June. In the first half of this year, foreign capital inflows into Taiwan stocks reached a record high of 32.73 billion USD, approximately 1.472 trillion TWD. The main reasons for the surge in foreign capital inflows are the stabilizing inflationary pressures, hints of interest rate cuts, and the strong performance of Taiwan's stock market in June.
Source: YAHOO