The New Taiwan dollar came under renewed pressure from a global tech selloff and foreign capital outflows, falling 0.33% to close at NT$32.445 after touching NT$32.57, its weakest since April last year. Foreign institutional investors sold a net NT$76.74 billion (US$2.37 billion) in local shares. Last week the currency lost 1.37%, the TAIEX fell 4.47%, foreign investors sold US$19.4 billion in Taiwanese shares, and a net US$17.961 billion was remitted out of Taiwan. The central bank pledged to monitor markets and adjust operations as needed to keep the exchange rate stable, citing Taiwan's vulnerability to shifts in sentiment toward AI and semiconductor stocks. Cathay United Bank linked the pressure to expectations of higher US rates ahead of the Federal Reserve's Oct. 27-28 review.
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exchange ratesforeign investorscapital flowsTaiwantech stocks
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Related tickers and likely impact
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 709.82 |
| Change that session | -2.50% |
NVDA
▼ Likely negativeNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/16/2026 | 214.14 |
| Change that session | -1.42% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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