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New Taiwan Dollar

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New Taiwan Dollar
The currency of Taiwan. It was introduced in 1949, replacing the old dollar at a ratio of 40,000 old dollars to one new dollar. Technically, it existed alongside the silver yuan, which was the official currency of the Republic of China (not to be confused with the People's Republic of China); however, the silver yuan was never actually used, and, in 2000, the Taiwanese dollar became the sole currency. It is a floating currency.


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The move echoes the intervention of the CBC in the forex market to prevent sharp appreciation of the New Taiwan dollar recently, in sync with the effort of the central banks of Japan and Korea.
He and his wife were charged with embezzling 104 million New Taiwan dollars ($3.
We will offer 1,000 New Taiwan dollars ($30) to protesters who hit Chen's body with eggs, and NT$10,000 ($300) to those who hit Chen's face with eggs," Michelle Wang, the group vice chairwoman, said.
 
 
 
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