New Taiwan Dollar Opens Down 2.5 Cents at 31.57

Taipei, May 19 (CNA) The New Taiwan dollar opened at 31.57 against the US dollar today in the Taipei foreign exchange market, depreciating by 2.5 cents. The opening trading range for the New Taiwan dollar against the US dollar was between 31.53 and 31.585. This minor fluctuation reflects the daily movements in the currency market, providing a snapshot of the day's initial trading activity for the local currency and serving as a key indicator for financial analysts and businesses engaged in international trade.