Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Taiwan Dollar Advances After Global Funds Add to Share Holdings

Taiwan’s dollar strengthened after global funds added to holdings of the island’s stocks. Government bonds slipped.

International investors bought $681 million more Taiwanese shares than they sold this month through yesterday, according to exchange data. Exporters are repatriating overseas income, which is supporting the local currency, according to Henry Lin, a foreign-exchange trader at Taiwan Shin Kong Commercial Bank.

“We’ve seen some foreign funds coming in,” said Taipei-based Lin. “There’re also some exporters selling the greenback.”

Taiwan’s dollar closed 0.3 percent stronger at NT$30.100 against its U.S. counterpart, according to Taipei Forex Inc. It touched NT$30.005 yesterday, the highest level since Sept. 21.

The yield on the 2 percent bonds due July 2016, the most-traded government securities, increased one basis point to 1.053 percent from 1.043 percent, prices from Gretai Securities Market show.

The overnight money-market rate, which measures interbank funding availability, was steady at 0.394 percent, according to a weighted average compiled by the Taiwan Interbank Money Center.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.