TAIEX Hits Record High; NT Dollar Appreciates for 6th Consecutive Day

According to CNA, the Taiwan stock market surged on the 27th due to market optimism regarding progress in US-Iran talks, with both intraday and closing indices hitting record highs. Consequently, the NT dollar also rose due to capital inflows, marking its sixth consecutive day of appreciation against the US dollar. It closed at 31.42, the highest level in over half a month. The total turnover in the Taipei and Yuanta foreign exchange markets reached 2.734 billion USD. Forex traders noted that the NT dollar is expected to show a "gradual appreciation" in the short term, with the central bank continuing to intervene to prevent excessive volatility.