The appreciation of the New Taiwan dollar has triggered speculation about the revaluation of the Asian dollar
2025-05-05 03:04:34
Forexlive: The Taiwanese dollar has soared against the US dollar, reviving speculation that some Asian countries are planning to revalue their currencies in return for US concessions on tariffs that increase the marginal cost of their exports. The dollar has weakened across the board today, including against the offshore renminbi.
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