Quotes by Lo Chung

“The central bank may want any gain not to exceed the appreciation of other regional currencies. A weaker currency will help Taiwans exports.”

“There will probably be some funds flowing out of Taiwan, weakening the currency. More losses in the stock index may prompt some investors to sell more shares. The Taiwan dollar has room to decline today.”

“Foreigners have bought a lot of Taiwans stocks, making it the biggest factor strengthening the currency.”

“There will be a short-term negative effect on the Taiwan dollar as people start to speculate who the next premier will be and how that will affect economic reform.”

“Stock inflows are likely to continue, strengthening the Taiwan dollar. Theres a higher chance of the currency rising.”

“Demand from foreigners and exporters together boosted the Taiwan dollar today.”

“The bigger factor for the Taiwan dollar is still the yens performance against the US dollar.”