Taiwan's Dollar forwards decline on intervention risks

Source: Bloomberg
Taiwan's Dollar forwards fell the most in a week amid speculation officials will curtail currency advance to prop up exporters. One-month non-deliverable forwards declined 0.2% to NT$29 against the U.S. Dollar. The contracts have been falling 0.3% this month. Taiwan's Dollar rose 0.3% to NT$29.018 against the greenback.

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