Investor optimism, fueled by expectations of a US-Iran agreement, led to a continued rally in financial markets, with hot money pouring back into Taiwan. The New Taiwan Dollar (NTD) surged against the US Dollar, returning to the 31.5 level. The central bank increased its intervention, and the closing rate was 31.556, appreciating by 9.4 cents, with a total transaction volume of $3.698 billion in the Taipei and Yuan Ta foreign exchange markets.

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