Taiwan Dollar Climbs Over 2%: Traders Bet Against Central Bank’s Stability Efforts
Taiwan Dollar is making headlines again. On July 1, 2025, the currency skyrocketed by as much as 2.5%, trading at NT$29.16 per US dollar, its biggest single‑day gain since early May and a sharp reversal from the previous day when it dropped over 2%. What Caused This Sudden Surge? Why did the Taiwan Dollar jump…