Taipei Times
Date: Jun 28, 2015
By: Bloomberg

The New Taiwan dollar fell this week as economic data that trailed estimates added to speculation the central bank would step up efforts to weaken the local currency.

Export orders dropped last month by the most in more than two years and industrial production fell for the first time in 16 months.

The NT dollar is the best performing currency in Asia this year, harming the competitiveness of local exporters. The central bank held its policy rate at 1.875 percent on Thursday, resisting joining a wave of global easing to spur growth.     [FULL  STORY]