The New Taiwan dollar weakened further in Tuesday morning trading, with the U.S. dollar reaching NT$32.575 in Taipei after a week of foreign capital outflows. The central bank put Monday's interbank close at NT$32.445 per U.S. dollar, versus NT$32.338 on Oct. 16, and the currency lost 1.37% between Oct. 12 and Oct. 16. Over that period, foreign investors sold a net $19.402 billion in Taiwanese shares and remitted a net $17.961 billion out of Taiwan, with dividend repatriation also cited alongside share sales. OCBC FX strategists Sim Moh Siong and Christopher Wong said a sustained recovery would likely require an improvement in capital flows. Taiwan's Ministry of Economic Affairs is scheduled to release its September industrial production index on Oct. 23.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Taiwan Dollar Weakens as U . S . Dollar Reaches NT$32 . 575 in Taipei
Read the original on econotimes.com ↗
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exchange ratescapital flowsforeign investorsTaiwan
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Related tickers and likely impact
DXY
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/19/2026 | 101.98 |
| Change that session | +0.20% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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