Middle East Situation Shows Glimmer of Hope, New Taiwan Dollar Rises for 2nd Consecutive Day to Close at 31.65
Optimism in financial markets surged after US President Trump indicated the US-Iran conflict was nearing its end. This led to Taiwan stocks hitting a new record high, and the New Taiwan Dollar appreciating against the US dollar for the second consecutive day, closing at 31.65. Significant foreign capital inflows into Taiwan stocks provided support for the NTD, and most major Asian currencies also rebounded.
📋 Article Processing Timeline
- 📰 Published: April 15, 2026 at 19:13
- 🔍 Collected: April 15, 2026 at 19:32 (18 min after Published)
- 🤖 AI Analyzed: April 15, 2026 at 20:17 (45 min after Collected)
Central News Agency
(Central News Agency reporter Pan Tzu-yu, Taipei, April 15) US President Donald Trump stated that the US-Iran conflict is nearing its end as a two-week ceasefire agreement has been reached and hostilities have subsided. Financial markets continued to be optimistic today, with both stock and foreign exchange markets rising. Taiwan stocks hit a new high, and the New Taiwan Dollar appreciated against the US dollar for the second consecutive day, closing at 31.65, up 4 cents. The total transaction amount in the Taipei and Yuanta foreign exchange markets was 2.3255 billion US dollars.
Trump stated that with the US and Iran reaching a two-week ceasefire agreement and hostilities subsiding, the war is "very close" to ending. Trump's latest remarks come as US and Iranian negotiators are reportedly expected to resume a new round of talks on April 16.
The glimmer of hope in the Middle East situation boosted all four major US stock indices. Taiwan stocks also performed strongly, surging 768.04 points during intraday trading today to reach a new historical high of 37064.16 points. The gains narrowed in the afternoon, with the market closing at 36722.14 points, failing to hold above the 37000-point mark but still setting a new closing high.
The strong momentum of Taiwan stocks attracted hot money inflows, with foreign investors continuing to buy a net 55.71 billion NTD today, which also supported the exchange rate. The New Taiwan Dollar opened at 31.65 against the US dollar today, with an intraday high of 31.612 and a low of 31.682.
Foreign exchange traders stated that large-scale buying of Taiwan stocks by foreign investors led to continuous inflows into the foreign exchange market. However, the exchange rate has reached a recent high, and US dollar buying by importers and investment trusts strongly entered the market near the 31.6 level, curbing the appreciation.
As market sentiment turned optimistic, the US dollar index continued to fall, and most major Asian currencies rebounded. According to central bank statistics, the Korean Won and Japanese Yen appreciated by 0.09% today, the New Taiwan Dollar rose by 0.13%, while only the Renminbi slightly fell by 0.03%.
(Central News Agency reporter Pan Tzu-yu, Taipei, April 15) US President Donald Trump stated that the US-Iran conflict is nearing its end as a two-week ceasefire agreement has been reached and hostilities have subsided. Financial markets continued to be optimistic today, with both stock and foreign exchange markets rising. Taiwan stocks hit a new high, and the New Taiwan Dollar appreciated against the US dollar for the second consecutive day, closing at 31.65, up 4 cents. The total transaction amount in the Taipei and Yuanta foreign exchange markets was 2.3255 billion US dollars.
Trump stated that with the US and Iran reaching a two-week ceasefire agreement and hostilities subsiding, the war is "very close" to ending. Trump's latest remarks come as US and Iranian negotiators are reportedly expected to resume a new round of talks on April 16.
The glimmer of hope in the Middle East situation boosted all four major US stock indices. Taiwan stocks also performed strongly, surging 768.04 points during intraday trading today to reach a new historical high of 37064.16 points. The gains narrowed in the afternoon, with the market closing at 36722.14 points, failing to hold above the 37000-point mark but still setting a new closing high.
The strong momentum of Taiwan stocks attracted hot money inflows, with foreign investors continuing to buy a net 55.71 billion NTD today, which also supported the exchange rate. The New Taiwan Dollar opened at 31.65 against the US dollar today, with an intraday high of 31.612 and a low of 31.682.
Foreign exchange traders stated that large-scale buying of Taiwan stocks by foreign investors led to continuous inflows into the foreign exchange market. However, the exchange rate has reached a recent high, and US dollar buying by importers and investment trusts strongly entered the market near the 31.6 level, curbing the appreciation.
As market sentiment turned optimistic, the US dollar index continued to fall, and most major Asian currencies rebounded. According to central bank statistics, the Korean Won and Japanese Yen appreciated by 0.09% today, the New Taiwan Dollar rose by 0.13%, while only the Renminbi slightly fell by 0.03%.
FAQ
Why did the New Taiwan Dollar appreciate?
The appreciation was mainly due to optimistic financial market sentiment driven by hopes for easing tensions in the Middle East and significant foreign capital inflows into Taiwan stocks.
How did Taiwan stocks perform?
Taiwan stocks surged 768.04 points to an intraday historical high of 37064.16 points. Although it closed at 36722.14 points, failing to hold above 37000, it still set a new closing high.