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Taiwan dollar rises at fastest pace in decades, threatening tech profits
asia.nikkei.com/Business/Markets/Currencies/Taiwan-dollar-rises-at-fastest-pace-in-decades-threatening-tech-profits
TAIPEI -- Taiwan's tech supply chain is bracing as the local currency surges in value against the greenback, just as President Lai Ching-te's administration negotiates to lower the U.S. "reciprocal" tariff on the trade-reliant economy.
The New Taiwan dollar jumped to NT$29.59 against the…
This story appeared on asia.nikkei.com, 2025-05-05 00:00:00.