Focus Taiwan
Date: 2017/09/07
By: Frances Huang
Taipei, Sept. 7 (CNA) The U.S. dollar fell against the Taiwan dollar Thursday, shedding 
Such expectations received a boost with the surprise resignation of U.S. Federal Reserve Vice Chair Stanley Fischer, who has been seen as a key supporter of interest rate normalization, they said.
Although foreign institutional selling in local equities helped the U.S. dollar combat downward pressure resulting from the Fed related developments, the U.S. currency still closed at its lowest level since May 22, when the unit ended at NT$30.052 against the Taiwan dollar, they added.
The greenback opened at a high of NT$30.090, and moved to a low of NT$30.010 before rebounding. Turnover totaled US$821 million during the trading session.
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