TWD Exchange Rate Continues to Rise, Settling at 31.394 in the Afternoon with an Increase of 6.23 Cents

The recent surge in the New Taiwan Dollar is unstoppable. Despite the central bank's clarification yesterday that the US did not request the appreciation of the New Taiwan Dollar, this statement contradicts the actual situation. However, today (2nd), the morning trading saw the TWD still strong, briefly breaking through the 32 TWD barrier, reaching a high of 31.14 TWD—an increase of nearly 9 cents, setting a recent high record. As of the afternoon, the New Taiwan Dollar was trading at 31.394 TWD against 1 USD, appreciating by 6.23 cents.