## New Taiwan Dollar Breaks Below 31.5, Stocks and Forex Face Simultaneous Pressure, US Dollar Relatively Stronger Driving Depreciation
The Taipei financial market faces a double blow today. Due to significant foreign capital withdrawals, the Taiwan stock index plummeted over 500 points intraday, closing down 330 points; simultaneously, the New Taiwan Dollar (NTD) against the US dollar also weakened, breaking through the 31.5 mark in the afternoon, closing at 31.475, a depreciation of 9.5 points, hitting a nearly seven-month low. The daily trading volume in the forex market expanded to USD 20.
View OriginalThe Taipei financial market faces a double blow today. Due to significant foreign capital withdrawals, the Taiwan stock index plummeted over 500 points intraday, closing down 330 points; simultaneously, the New Taiwan Dollar (NTD) against the US dollar also weakened, breaking through the 31.5 mark in the afternoon, closing at 31.475, a depreciation of 9.5 points, hitting a nearly seven-month low. The daily trading volume in the forex market expanded to USD 20.