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Safe-haven buying pushes up dollar index as major Asian currencies depreciate

Safe-haven buying pushes updollar indexGoing up, major Asian currencies depreciated under pressure.New Taiwan dollarIt depreciated against the US dollar by 2.5 cents today (6) and opened at 31.920 yuan. It showed a depreciation trend during the session, and the low point fell below the price of 31.96 yuan.

Worried about the prospects for global economic growth, driving funds to the dollar as a safe-haven,dollar indexContinuing to consolidate at the high level of 104, it stood at 104.84 in the session and approached the 105 level, setting a new high in the past six months. The US dollar continued to strengthen major Asian currencies includingRMBJPYwonWait for the morning depreciation.

New Taiwan dollarIt opened at 31.92 yuan against the U.S. dollar today and continued to depreciate, with the lowest point falling to 31.969 yuan. It fluctuated with Taiwan stocks during the sessionNew Taiwan dollarThe exchange rate fluctuated between 31.94 and 31.95 yuan.

Among major Asian currencies,RMBTemporarily reported at 7.32 yuan against the US dollar in the intraday session;JPYThe intraday depreciation against the US dollar broke through 147 yuan and continued to hit a new low in 10 months;wonIt was temporarily at 1335.9 yuan against the US dollar.

2023-09-06 01:43:06
#Taiwan #dollarFunds #transferred #dollar #safehaven #Taiwan #dollar #fell #yuan #Anue #tycoon #foreign #exchange

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