Bloomberg Anywhere Login


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

Taiwan Dollar Weakens After Export Orders Decline; Bonds Advance

Feb. 21 (Bloomberg) -- Taiwan’s dollar fell for the first time in three days after the island’s export orders dropped by the most in more than two years. Government bonds rose.

The Taiex index of shares declined 0.4 percent after official data yesterday showed export orders, an indication of shipments in the next one to three months, fell 8.6 percent in January from a year earlier. Euro-area finance ministers awarded 130 billion euros ($172 billion) in aid to Greece today after talks in Brussels. Foreign funds bought $38 million more local stocks than they sold yesterday, compared with net inflows of $266 million on Feb. 17, according to data compiled by Bloomberg.

“Inflows into Taiwan’s capital markets are slowing so the currency remains in its range-trading mode around the current level,” said Tarsicio Tong, a currency trader at Union Bank of Taiwan in Taipei. “Investors are a bit cautious with limited positive news that could boost the stock market.”

The Taiwan dollar slipped 0.1 percent to close at NT$29.568 against its U.S. counterpart in Taipei, according to Taipei Forex Inc.

The yield on the government’s 1.25 percent bonds due March 2022 rose one basis point, or 0.01 percentage point, to 1.282 percent, prices from Gretai Securities Market show. Benchmark 10-year rates gained one basis point to 1.281 percent, after touching 1.26 percent on Feb. 16, the lowest closing level since Dec. 19.

The overnight money-market rate, which measures interbank funding availability, was little changed at 0.397 percent, according to a weighted average compiled by the Taiwan Interbank Money Center.

To contact the reporter on this story: Fion Li in Hong Kong at

To contact the editor responsible for this story: James Regan in Hong Kong at

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.