qinbafrank
qinbafrank|May 05, 2025 08:19
The sudden surge in the New Taiwan Dollar on Friday is still continuing to strengthen today, and the latest analysis by the Financial Times should be the best explanation: attributing this phenomenon in the past two days to the mismatch of insurance assets; Simply put, it means accumulating a large amount of US dollar assets through long-term exports, but being caught off guard in the environment of the sharp decline of the US dollar, once hedging begins, it causes huge fluctuations.
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