Focus Taiwan
Date: 2017/10/16
By: Frances Huang

Taipei, Oct. 16 (CNA) The U.S. dollar fell against the Taiwan dollar Monday, shedding NT$0.027 to close at NT$30.158, as traders were motivated by the strength of other regional currencies to pick up the Taiwan unit, dealers said.

Continued foreign institutional buying in Taiwan’s stock market added support for the Taiwan dollar, dragging down the U.S. dollar for a fourth consecutive session to its lowest level since Sept. 20, when it closed at NT$30.132.

The greenback opened at NT$30.140, and moved between NT$30.130 and NT$30.160 before the close. Turnover totaled US$581 million during the trading session.
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