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Taiwan currency climbs to 3-month high as overseas investors buy stocks

Posted on 04 September 2013

The Taiwan dollar rose to its strongest level in almost three months after overseas investors boosted holdings of the island’s stocks amid optimism a global economic recovery was gathering pace.
International funds bought more Taiwanese equities than they sold in the past four days, bringing net purchases to US$557 million. The stock market’s weighted index rose for a fifth day yesterday, the longest winning streak since July………………………………………..Full Article: Source


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