TWD is poised to strengthen in Q2. Capital flows have improved modestly, as yield spreads narrow and foreigners turned into net equity buyers. Target is 30.00 by end-Q2.
Export growth bounced in early 2008. However, Lunar New Year distortions likely exaggerate the strength. Indeed, the RBS leading electronics export index remains in negative territory. Export orders [...]
Entries Tagged as 'Taiwan TWD'
TWD
April 12th, 2008 · No Comments
Tags: Taiwan TWD