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Taiwan Dollar Declines Against US Dollar

76 days ago
(RTTNews) - The Taiwan dollar declined against its US counterpart during Wednesday's Asian trading. The Taiwan currency hit as low as 32.2675 against the buck, with 32.47 seen as the next downside target level. At yesterday's New York session close, the pair was quoted at 32.2070.

Taiwan is set to announce October numbers for M2 money supply. Forecasts call for an increase of 4.8 percent on year following the 8.28 percent annual increase in September.

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