Taiwan News
Date: 2016-09-02
By: Central News Agency
The U.S. dollar fell against the Taiwan dollar Friday, shedding NT$0.033 to close at NT$31.703 after the United States reported weaker manufacturing activity, hurting the greenback, dealers said.
Foreign institutional investors shifted to the buy side on Taiwan’s equity market Friday, putting further pressure on the U.S. dollar in a session that saw only moderate turnover ahead of the release of U.S. job data later in the day, they said.
The greenback opened at NT$31.723, and moved between NT$31.683 and NT$31.733 before the close. Turnover totaled US$655 million during the trading session. [FULL STORY]