Central News Agency, Taipei, January 16 The exchange rate of the New Taiwan Dollar (NTD) against the US dollar opened at 31.569 in the Taipei foreign exchange market today, depreciating by 0.5 cent compared to the previous day.

This movement reflects short-term fluctuations in market supply and demand, as well as broader trends in the US dollar. Market participants are closely watching international economic developments and the monetary policy direction of the US Federal Reserve for future guidance.

The Central News Agency emphasizes its commitment to factual reporting and press freedom, urging public support to sustain independent journalism. The 'Firsthand News' mobile app is available for real-time updates on the latest developments.

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  • Source: CNA (Central News Agency)
  • Category: Taiwan