Let's Break Down TD’s Rollercoaster Ride 🎉
Greenback's value drops significantly as NT dollar exceeds 29 units for the first time since 2022.
The TWD Tango: A Wild Ride 🎢
Last week, the New Taiwan Dollar (TWD) took a wild turn in trading, swerving from a high point not seen since 2022, fueling speculation that the central bank might've jumped into the action to reign in the rally. 🕺
In the aftermath of TD's volatile trading, analysts are contemplating whether the central bank intervened to control the financial business sector, considering the industry's subsequent dip after the high point in 2022. As a result, investors are closely watching the financial aspects of this business situation.
