Those card holders, each with millions of NT dollar
of card-spending capability, have booked the entire seafood restaurant on the 86th floor of Taipei 101 for New Year eve party, at NT$6 million of cost.
In its statement, the central bank said, 'the exchange rate of the NT dollar
is determined by a managed floating system, and therefore the government cannot control the NT dollar
However, the NT dollar
unexpectedly appreciated sharply to
NEW YORK -- The Taiwan Stock Exchange (TAIEX) Index in NT Dollar
terms gained 1.
The convenience translation should not be construed as representations that the NT Dollar
amounts have been, or could in the future be, converted into US dollars at this or any other exchange rate.
The Taiwan Stock Exchange (TSE) Index in NT Dollar
terms gained 6.
The Taiwan Stock Exchange Index (TAIEX) in NT Dollar
terms declined 2.
11), inducing the NT dollar
to forego major appreciation in midsession and close slightly lower against the greenback, so as to sustain Taiwan's export competitiveness.
4% * Returns for the Fund and TAIEX in US Dollars, with NT Dollar
returns in parentheses Portfolio Management The portfolio holds about 95% of its assets in equities.
pointed out that they will become profitless as long as the NT dollar
soars past the level of NT$29 for US$1, and will begin seeing loss escalate when the local currency rises above NT$28 against US$1.
In August the outstanding value of NT dollar
accounts held by foreigners slightly decreased by NT$6.
Meanwhile, thanks to the intervention of the CBC, the NT dollar
depreciated sharply yesterday, reversing steep appreciation in midsession.