It’s looking possible that Chen Shuibian might just win this election. If Chen were to win, which only recently is starting to look like a realistic possibility, cross-strait relations could get a bit interesting. And this could possibly affect the NT’s exchange rate.
I’ve got a little bit of savings in NT$, probably as much as your average English teacher whose had to deal with ridiculous visa run fees can expect after several months of teaching. Do you think there would be any advantage to exchanging it to dollars/euros/whatever before 3/20?
What are other people doing, if anything?
On a related note, how exactly is the NT$ tied to the American dollar? I’ve done some Google searches, but can’t find anything useful. I’ve heard that both are loosely tied, but I’ve noticed that the NT$ is appreciating rather nicely against the dollar recently.