Taipei: The U.S. dollar rose and breached the NT$31 level against the Taiwan dollar Friday, up NT$0.095 to close at NT$31.045. Turnover totaled US$1.788 billion during the trading session. The greenback opened at NT$30.930, and moved between NT$30.925 and NT$31.046 before the close.
According to Focus Taiwan, the increase in the U.S. dollar's value against the Taiwan dollar marks a significant shift in the foreign exchange market. The rise in the U.S. dollar's value is noteworthy as it surpassed the NT$31 threshold, indicating fluctuations in the currency exchange dynamics between the two economies.
The trading session witnessed substantial activity, with a turnover of US$1.788 billion, reflecting the heightened interest and participation in the currency market. The U.S. dollar's movement ranged from an opening value of NT$30.930 and fluctuated within a narrow band before reaching its closing value.
