Taiwan Central Bank Warns Traders to Curb Currency Speculation, Affirms Confidence in U.S. Dollar and Debt

Taiwan's central bank has issued a strengthened warning to local trading companies regarding their currency purchases in an effort to curb speculation in foreign exchange markets and maintain the stability of the Taiwan dollar. The bank emphasized that there are no concerns about the soundness of U.S. debt or the role of the U.S. dollar as a reserve currency. This move aims to prevent speculative activities that could disrupt the foreign exchange rate and ensure financial stability.