Taiwan dollar sees record-breaking appreciation
Taiwan dollar sees record-breaking appreciation
2025-05-05
The Taiwan dollar saw its sharpest single-day rise in 37 years on Monday, leading to many exchangers scrambling in hopes of turning a profit. Many showed up at banks, and even more logged into their banking apps, which could not handle to traffic. At the end of the day, the Taiwan dollar closed at NT$30.145 against the greenback, a 91.9 cent increase. The exchange volume also broke records at US$4.01 billion.
The bank is packed with people looking to exchange currencies.
Exchanging for USD
I rushed to get here when I saw that it’s NT$29. But wow, it’s still NT$30. I’m shocked. I didn’t expect to see so many people here.
The Taiwan dollar has seen a sharp rise since the start of the month. On Monday, it reached NT$29.59 against the greenback, while the percentage increase reached a 37-year high. As for the Japanese yen, it was worth as little as NT$0.2090 at one point. In other words, with NT$100,000, you could get an additional 53,000 yen compared to just 15 days ago. Banking apps could not handle all the traffic from the great number of people looking to score a good deal.
It may be great news for importers and Taiwanese traveling abroad, but a nightmare for exporters and US dollar holders.
Voice of Teng Kuei-yu
Machinery parts manufacturer
With the appreciation, I believe more than half of SMEs will go under. Why? Let’s say I gave a quote when it was NT$33, but now it’s NT$29, meaning there’s a NT$4 difference. In other words, if I have an order worth US$10 million, I’d be losing NT$40 million.
On Monday, the Taiwan dollar gained another 91.9 cents against the dollar to close at NT$30.145 for one US dollar. The total exchange volume reached US$4.01 billion to set a new record in a single day.
It was speculated that the administration had agreed to a “Mar-a-Lago Accord” with the US to allow the dollar to depreciate, causing the Taiwan dollar’s sharp rise since May 3. Central Bank Governor Yang Chin-long on Monday denied the rumor.
Yang Chin-long
Central Bank governor
In fact, the Central Bank does not manipulate the currency. We’re also not listed as a currency manipulator. As for the so-called Mar-a-Lago Accord which has the US pressure trade adversaries to appreciate their currency, I’ve already addressed this during a legislative appellation. We’ve always emphasized that there is no such agreement.
Yang said the US did not pressure Taiwan to appreciate its currency, nor is Taiwan named a currency manipulator. He also stressed that the central bank is not involved in trade talks, and urged the public to refrain from speculations.
#finance #forex #Trump #tradewar #tariffs #MarALagoAccord
台幣飆升收30.145元! 民眾搶換匯"擠爆網銀" 臨櫃大塞車
2025-05-05
新台幣瘋狂升值，今天(5日)兌美元匯率又狂飆，漲幅創下37年來新高，不少眼尖民眾想搶便宜，要打開手機App進場換匯，沒想到因為瞬間湧入太多人，造成網路銀行大塞車，甚至連銀行臨櫃也擠爆，排隊等超過一個小時，終場台幣收在30.145元，又升值9.19角，而且有40.1億成交量、創歷史新高。
長長人龍，擠爆台銀櫃台，許多人特地來換外幣。
[[民眾]]
“就是看到有29(兌美元)趕快過來，結果哇，還是到30(兌美元)了，嚇我一跳，我沒想到說來這邊這麼多人。”
新台幣近期瘋狂升值，5日兌美元匯率又狂飆，甚至盤中一度觸及29.59元，漲幅創下37年來新高，兌日圓也出現0.2090元甜甜價，等於10萬台幣換匯，可以比15天前，多換5.3萬日圓，不少眼尖民眾搶便宜，打開手機App進場換匯，沒想到因為瞬間湧入太多人，造成網路銀行大塞車，還一度當機。
全台爆換匯之亂，出國旅遊的、進口商，樂開懷，但投資美金的人和出口商，卻慘兮兮。
[[聲源 自動化機械業者 鄧貴友]]
“升值的話，我看中小企業要倒一半以上，為什麼講呢？我33塊報價，我現在剩下29塊，是差4塊對不對？等於是我拿到的1000萬的訂單，就會損失多少 4000萬。”
新台幣強勢升值，史上罕見，週一又升值9.19角，收在30.145兌一美元而且成交爆天量、達到40.1億美元，創歷史新高。
在野黨質疑5月1日行政團隊去了趟美國實體磋商，3日消息傳回台灣，台幣就跟著強升，是否有美方施壓，央行總裁楊金龍鄭重澄清。
[[央行總裁 楊金龍]]
“事實上我們中央銀行不會操控匯率，我們也沒被列為操縱匯率名單，沒有。(媒體引用)海湖的那個莊園的協議，要求美國貿易對手國貨幣升值，我在立法院總質詢，就答覆委員提問，我們一直在強調，絕對沒有。”
楊金龍強調美國沒有要求升值、央行也不會操縱匯率，更沒有參與台美經貿工作小組，更呼籲各界不要過度臆測。
更多新聞內容，請鎖定：
民視台灣台（152頻道）週一至週五晚上9:30
民視新聞台（53頻道）週二至週六凌晨1:00
Related News
