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Taiwan's currency reaches highest value in 23 years

TAIPEI (Taiwan News) — The exchange rate for the New Taiwan dollar rose to NT$28.165 against the U.S. dollar at 10 a.m. Friday (Dec. 11), reaching its highest value in 23 years. The value of ...

Central bank expected to focus on Taiwan dollar in quarterly meeting

When Taiwan's central bank holds its quarterly policymaking meeting next week, it is likely to give greater attention to the local foreign exchange market than interest rates, in light of the Taiw...

Taiwan currency surges past NT$29 to the US dollar

TAIPEI (Taiwan News) — The exchange rate for the New Taiwan dollar on Tuesday (Oct. 6) surged past the NT$29 mark to reach its highest value since Central Bank Governor Yang Chin-long (楊金龍) took...

Photo of the Day: Taiwan NT$100 bill vs real Chungshan Hall

TAIPEI (Taiwan News) — A photographer captured this image matching an illustration of Chungshan Hall (中山樓) on the NT$100 (US$3.40) note with the real thing, which he found to be in a surprising ...

Photo of the Day: Taiwan NT$1,000 bill vs. real Yushan

TAIPEI (Taiwan News) — A photographer captured this image matching an illustration of Yushan's main peak on the NT$1,000 (US$34) note with the real thing. Last week, Reddit user IB-45 cap...

Commission calls for removing Chiang Kai-shek from Taiwan's currency

TAIPEI (Taiwan News) -- As of its biannual report, the Transitional Justice Commission (TJC) yesterday (Dec. 17) called for the removal of images of Chiang Kai-shek (蔣介石) from Taiwan's currency be...

Winner of new Taiwan banknote design contest announced

TAIPEI (Taiwan News) -- Democratic Progressive Party Legislator Gao Jyh-peng (高志鵬) announced the winner of a contest to come up with a new design for Taiwan's banknotes yesterday (March 27). Th...

HK$216,000 confiscated from a Chinese man at Taiwan's main airport

TAIPEI (Taiwan News) -- A man of Chinese nationality was detained for carrying undeclared cash of about HK$294,528 (NT$1.13 million) on Friday at Taiwan Taoyuan International Airport, officials say. ...

Up in smoke: Octogenarian woman throws NT$1m into temple burner

Police have recovered about 80 percent of NT$1 million (US$31,616) worth of cash that an 80-year-old woman allegedly threw into a burner set up by a temple in Tamsui for burning joss paper and incense...

U.S. dollar closes lower on Taipei forex (update)

The U.S. dollar fell against the Taiwan dollar Friday, shedding NT$0.007 to close at NT$32.605 after moving in a narrow range, dealers said. Despite moderate turnover, the U.S. dollar still ...

Two runaway Indonesian workers nabbed in southern Taiwan

Two runaway workers from Indonesia were caught in the southern Taiwan county of Chiayi during a police raid early this month after they exposed their whereabouts on a Facebook post made to show off...