04.09.2013 - Taiwan currency climbs to 3-month high as overseas investors buy stocks |
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 |