💱US Dollar/Taiwan Dollar FX Spot Rate
USDTWD
▼ NegativeMonetaryrelevance
Central bank guidance to banks to execute large USD sell orders immediately strengthens TWD, moderating its weakness.
Impact on assets 1
Others
The Taiwan Dollar's recent weakness is moderating, partly due to guidance from the Central Bank of the Republic of China that banks execute large US dollar sell orders immediately, bringing forward natural supply, according to OCBC's Christopher Wong.
Central bank guidance to banks to execute large USD sell orders immediately strengthens TWD, moderating its weakness.