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Is the NT dollar surge the new Plaza Accord moment?

Joseph Chen, DIGITIMES Asia, Taipei 0

Credit: DIGITIMES

After surging to a multi-decade high last week, the New Taiwan dollar (NT$) has reversed course, weakening 0.45% on May 6 to close at NT$30.28 against the US dollar. The currency's volatility is unsettling Taiwan's export-oriented industries, which...

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