Foreign Capital Outflow Increases Before Trump-Xi Meeting, New Taiwan Dollar Depreciates to 31.48 Amid High Volume
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Ahead of the anticipated Trump-Xi meeting, market sentiment turned cautious, leading to increased foreign capital outflow from Taiwan. This caused the New Taiwan Dollar to depreciate to 31.48 against the US Dollar, with trading volume reaching a one-month high of US$3.2575 billion. The uncertainty in international affairs is impacting the currency market.