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New Taiwan Dollar Ends 3-Day Rally, Weekly Gains Remain for Second Consecutive Week

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Influenced by easing Middle East tensions, the New Taiwan Dollar depreciated by 0.04 against the US Dollar today, closing at 31.596 and ending its three-day upward trend. However, capital inflows due to reduced risk aversion led to a second consecutive weekly gain for the NTD.

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Frequently Asked Questions

Q: What was the closing exchange rate of the New Taiwan Dollar against the US Dollar on April 17?
A: The New Taiwan Dollar closed at 31.596 against the US Dollar, depreciating by 4 cents and ending its three-day streak of appreciation.
Q: How did the major Asian currencies perform according to the Central Bank's statistics?
A: Major Asian currencies all weakened: the RMB fell by 0.12%, the New Taiwan Dollar depreciated by 0.13%, the Japanese Yen dropped by 0.26%, and the Korean Won depreciated by 0.58%.
Q: What were the opening, highest, and lowest exchange rates of the New Taiwan Dollar on that day?
A: The New Taiwan Dollar opened at 31.59 against the US Dollar, reaching a high of 31.541 and a low of 31.6 during the session.
Q: How did the Taiwan Stock Exchange perform at opening and closing during the session?
A: The Taiwan Stock Exchange opened higher at 37145.66 points, dipped to a low of 36776.28 points, and closed down 327.68 points at 36804.34 points.
Q: According to the article, why did the New Taiwan Dollar achieve its second consecutive weekly gain?
A: The New Taiwan Dollar achieved its second consecutive weekly gain because Middle East tensions cooled down and signs of returning capital emerged.