Taiwan Dollar Forwards Jump on Promise to Avoid FX Manipulation

Taiwan’s central bank vowed to avoid manipulating exchange rates, according to a joint statement on exchange rate policies by Taiwan’s central bank and the US Treasury Department.

By Betty Hou, Chien-Hua Wan · Bloomberg Markets

Taiwan’s central bank vowed to avoid manipulating exchange rates, according to a joint statement on exchange rate policies by Taiwan’s central bank and the US Treasury Department.