Taiwan stocks rose sharply in the Year of the Tiger and closed at 14932.93 points. The Taipei foreign exchange market followed the Asian currencies today (17) and retreated. Affected by the surge in US dollar buying, the NTD/USD exchange rate fell below the 30.3 yuan level and depreciated by 4.7 cents at the end , closed at 30.315 yuan, the total turnover of the Taipei and Yuantai foreign exchange markets was 1.647 billion US dollars, the foreign exchange market will be closed on the 19th, the market focuses on the regular meeting of the Bank of Japan and the trend of the yen.
The NT$/USD closed above 30.2 yesterday and rewritten a new high in the past five months. Today, it opened at 30.31 yuan. The exchange rate fluctuated and weakened. At 30.315 yuan, a depreciation of 4.7 cents, the transaction value of the Taipei foreign exchange market was 1.084 billion US dollars, and the turnover of the Yuantai foreign exchange market was 563 million US dollars.
Taiwan stocks are closed today in the Lunar New Year of the Tiger, and they failed to challenge Wanwu. The bulls fell into wait-and-see. It was the biggest drop since the Chinese New Year closed in 2009, and the market value evaporated by 8.2 trillion yuan, with an average loss of about 680,000 yuan per shareholder in the Year of the Tiger.
U.S. stocks and bonds were closed on Monday, and trading in the foreign exchange market was slightly thin. The U.S. dollar index, which tracks the U.S. dollar against six major currencies, rose slightly. The Bank of Japan will announce its latest monetary policy on Wednesday. Many experts believe that the BOJ meeting will not rule out adjusting the yield curve control policy again. Since Haruhiko Kuroda will step down in April, the market predicts that the pace of normalization of Japan’s monetary policy may accelerate.
Observe the performance of major currencies against the U.S. dollar today. According to the statistics of the central bank, the U.S. dollar index rose slightly by 0.02%, the renminbi depreciated by 0.6%, the Japanese yen depreciated by 0.59%, the Singapore dollar and the Korean won depreciated by 0.27-0.28%, the New Taiwan dollar depreciated by 0.16%, and the euro also depreciated. Slightly weakened, Asian currencies almost pulled back across the board.
