Taiwan Dollar Rallies for Third Straight Week on Dovish Fed Bets
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Taiwan’s dollar completed its third weekly gain as disappointing U.S. data pushed down the greenback and China’s central bank strengthened its yuan fixing.
The island’s currency closed 0.3 percent stronger at NT$33.52 against its U.S. counterpart, taking its advance since Jan. 30 to 0.4 percent, according to prices from Taipei Forex Inc.