Taiwan New Dollar

Taiwan New Dollar

Taiwan New Dollar overview

New Taiwan dollar (Chinese: 新臺幣; pinyin: xīn tái bì; sign: NT$; code: TWD) is the official currency of the Republic of China used in the Taiwan and its surrounding islands. It is subdivided into ten jiao (Chinese: 角; pinyin: jiǎo), each of ten fen (Chinese: 分; pinyin: fēn) or cents, although cents are rarely used in practice. The New Taiwan dollars has been the currency of Taiwan since 1949, when it replaced the Old Taiwan dollar, at a rate of 40,000 old dollars per NT$. In Mandarin, the unit of the dollar is referred to as "元" or "圓" (pinyin: yuán). Since the year 2000, the Central Bank of the Republic of China (Taiwan) is the central bank of Taiwan, which currently issues the New Taiwan dollar. While the Bank of Taiwan issued banknotes prior to 2000, it was also the de facto central bank between 1949 and 1961.

1 TWD to USD exchange rates chart

TWD to  exchange rates chart

Taiwan New Dollar news

Global stocks gain after Wall Street rally, Japan falls

Global stock markets rise after Wall Street's rally, Japan falls, oil prices rebound strongly

5 days indicative negative
New Zealand dollar treads water after wild swings | Scoop News
New Zealand dollar treads water after wild swings | Scoop News

Jan. 4 (BusinessDesk) - The New Zealand dollar is little changed as investors weigh recent extreme volatility and look for some direction from United States equities markets and US employment data due out overnight.

13 days conditional negative
Forex reserves hit high in December | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 4 (CNA) Taiwan's foreign exchange reserves hit another all-time high at the end of December because of an increase in returns on the portfolio managed by Taiwan's central bank, the bank said Friday.

13 days indicative neutral
Taiwan's forex reserves hit new high in July | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Aug. 6 (CNA) As of the end of July, Taiwan's foreign exchange reserves hit a new high, mainly due to increased returns from the central bank's fund management, the bank said Monday.

19 days indicative neutral
Lexus, Volkswagen top Taiwan new car sales satisfaction rankings | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Oct. 1 (CNA) The two car brands that best meet or exceed customer expectations in Taiwan are the Japanese Lexus and German Volkswagen, in the luxury and non-luxury categories, respectively, according to auto market advisory firm J.D. Power.

20 days imperative positive
New U.S. tariffs big threat to Taiwan businesses in China: experts | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Sept. 24 (CNA) Taiwanese businesses operating in China will be badly hurt by the trade skirmish between the United States and China next year when their orders are likely to gradually shift to other countries, experts said Monday.

20 days conditional neutral
U.S. dollar up almost 3% against the Taiwan dollar in 2018 | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Dec. 28 (CNA) The U.S. dollar rose almost 3 percent against the Taiwan dollar in 2018, when successive interest rate hikes by the U.S. Federal Reserve led many investors to park their funds in greenback-denominated assets, dealers said.

20 days indicative positive
Markets roil, futures slump after Dow's record, one-day gain

One of the few constants in global markets this holiday week: extreme volatility

21 days indicative positive
Trade poses risks to GDP growth: ANZ - Taipei Times

GDP might grow at a slower 2.4 percent next year, as US-China trade tensions could evolve into a major disruptor of global electronic supply chains, posing downside risks to growth, Australia and New Zealand Banking Group (ANZ) said yesterday.

27 days conditional neutral

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