Exporters push Taiwan dollar off three-week low

Posted by 7Star Friday, January 22, 2010

The Taiwan dollar pulled back from the previous session's three-week closing low to end stronger on Thursday, as exporters took advantage of its relatively weak value to get rid of their US dollar holdings. The local currency ended stronger at T$31.919 to the US dollar, with volume hitting $831 million compared with the previous session's $1 billion.

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