https://www.taiwannews.com.tw/news/6133083
Taiwan dollar hits strongest level since mid-2022
Currency rises to NT$29.66 amid Fed rate cut speculation after US consumer price index falls below forecasts
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Cos USD is imploding.
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And further up (or down, depending on one’s perspective) it goes:
Seems like we’re almost back to 2022-rates for USD/TWD.
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USD is imploding if that continues the trend for TWD won’t change. Hey it’s good for our foreign holidays.
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Strong TWD
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Is the Taiwan one of the few countries that tries to make regular people poorer with it’s currency manipulation? 