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⚠️ TAIWAN'S DOLLAR DOWN 0.5% TO 32.765 PER U.S. DOLLAR, LOWEST LEVEL SINCE MID-MAY 2016
The Taiwan dollar fell to its weakest in more than eight years as a selloff in semiconductor shares intensified outflows from local equities https://t.co/KLj8nuc9c1
The Taiwan dollar fell to its weakest in more than eight years as a selloff in semiconductor shares intensified outflows from local equities https://t.co/4QDppUFrPE
On July 19, 2024, the Taiwan dollar has fallen to its lowest level since 2016, dropping by 0.4% to 32.72 against the US dollar. This decline is attributed to a selloff in semiconductor shares, which has intensified outflows from local equities. The currency's value has further decreased by 0.5% to 32.765 per US dollar, marking its weakest point since mid-May 2016.