FALLING YUAN: The US dollar fell against major currencies amid criticism by Trump against the Fed and the greenback’s strength amid depreciation of China’s currency

Taipei Times
Date: Jul 22, 2018
By: Staff writer, with CNA and Reuters

The New Taiwan dollar on Friday fell to NT$30.716 against the US dollar, its lowest level in 16 months, as regional currencies dropped during the week, dealers said.

Buying in the US dollar strengthened as foreign investors remitted their funds after receiving large cash dividends from their investments in some listed companies in Taiwan, the dealers said.

The NT dollar on Friday fell NT$0.084, or 0.27 percent, against the US dollar after moving between NT$30.630 and NT$30.750.    [FULL  STORY]