Photographer: Billy H.C. Kwok/Bloomberg

Taiwan’s Dollar Rallies Most Since 2009 Before iPhone 7 Release

  • Island’s currency climbs as foreign funds snap up suppliers
  • Apple expected to unveil latest model at event today

The Taiwan dollar completed its biggest three-day gain in seven years as disappointing U.S. data weighed on the greenback and overseas funds bought into Apple Inc. suppliers before an expected unveiling of the iPhone 7 later Wednesday.

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