Taiwan Faces Delicate Currency Balance to Avoid Manipulator Tag

The Taiwanese dollar’s rally is boxing in the island’s central bank, leaving it with limited room to intervene in order to avoid a “currency manipulator” label from the US.

By Betty Hou, Chien-Hua Wan · Bloomberg Markets

The Taiwanese dollar’s rally is boxing in the island’s central bank, leaving it with limited room to intervene in order to avoid a “currency manipulator” label from the US.