Recently, the New Taiwan Dollar has surged dramatically. President Lai Ching-te explained this surge yesterday, stating it resulted from market sentiment, citing that Taiwan's GDP growth rate hit 4.59% last year, the best performance in three years, with a projected GDP growth rate of 5.37% for the first quarter of this year.

This statement sparked numerous criticisms, with influencer Chen Yi mocking on Facebook, "It's absurd that anyone believes such a ridiculous reasoning! The economy is on the brink of collapse, yet there are claims this is the best time for Taiwan's economy; we should continue to focus on the massive recall elections... It seems the KMT's long-term ignorance strategy has not dissipated!"

Regarding the TWD surge, financial expert Hu Cai-ping commented on social media, describing the rapid appreciation as "unusually insane," warning that it led to many financial institutions facing liquidation and companies being unprepared to hedge, resulting in significant wealth evaporating. She emphasized that despite many hints already leaked, allowing the TWD to appreciate unchecked might entice speculators to enter the market.

Hu warned that the central bank's hands-off approach to the currency appreciation is very dangerous and could attract international speculators to gamble. Lai's view sparked discussions on PTT, with many netizens commenting, "Continue the mass recall efforts," expressing disappointment over choices lacking economic understanding.