The New Taiwan dollar's weakness, driven by global AI concerns, masks Taiwan's underlying economic strength, and analysts expect the currency to rebound by year-end. OCBC and ING Bank see it rising to NT$31.60 and NT$31.50 per US dollar, respectively, about 3% above current levels, supported by record trade surpluses and AI-related exports. However, foreign investors sold a record NT$302.6 billion (US$9.33 billion) of Taiwanese equities in a single day, pushing the currency close to its year-to-date low of about NT$32.50. ING expects the central bank to keep the currency within NT$31.5 to NT$32.5, while MUFG sees NT$31.8 by year-end and NT$30.9 by the end of June next year.
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exchange ratesTaiwanforeign investorsexportsartificial intelligence
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Related tickers and likely impact
SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 763.31 |
| Change that session | -1.10% |
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