Taiwan dollar rises

17 Sep, 2009

The Taiwan dollar rose to its highest close in more than three months on Wednesday, boosted by fund inflows as investors bought risky assets, such as Taiwan stocks, after upbeat economics data in the US The Taiwan dollar rose to a three-month intraday high of T$32.465 in early trade, but later pared gains to close at T$32.492, the highest closing level since June 1.
"Trading was quite active today as investor risk appetites grew after upbeat US economic data".

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