The New Taiwan Dollar closed at 31.952 against the US dollar on 2026-03-25, holding above the 31 handle as Taiwan's benchmark index jumped 826.87 points and foreign investors ended a four-day selling streak with NT$36.327 billion in net buying. On 2026-08-14, the currency rallied further, opening at 32.15 and reaching a session high of 31.991 as cooling US inflation data weighed on the dollar.
How far did the New Taiwan Dollar climb past the 31 level?
The New Taiwan Dollar closed at 31.952 against the US dollar on 2026-03-25, up 7.6 fen for a second consecutive day of gainsCITE:E2. The currency opened that session at 31.98, traded within a range of a high of 31.89 and a low of 31.992, and held above the 31 handle for the full dayCITE:E5. On 2026-08-14, the New Taiwan Dollar opened weaker at 32.15 before rallying past both the 32.1 and 32.0 handles to a session high of 31.991, a move of 1.77 jiaoCITE:E7.
| Date | Open | Session High | Session Low | Close | Change |
|---|
| 2026-03-25 | 31.98 | 31.89 | 31.992 | 31.952 | +7.6 fenCITE:E5CITE:E2 |
| 2026-08-14 | 32.15 | 31.991 | — | — | +1.77 jiaoCITE:E7 |
Did Taiwan's stock market move in step with the currency?
Taiwan's benchmark index rose 826.87 points on 2026-03-25, marking the seventh-largest single-day closing gain on record and finishing at 33,439.11CITE:E1.
Did foreign investors return to Taiwan's stock market?
Foreign institutional investors ended a four-day selling streak on 2026-03-25, net buying NT$36.327 billion (363.27億元) of Taiwan sharesCITE:E4.
How active was Taiwan's foreign-exchange market that day?
Combined turnover across the Taipei and Yuantai (元太) foreign-exchange markets widened to US$2.3835 billion on 2026-03-25CITE:E3.
What drove the New Taiwan Dollar's August advance?
Currency bankers pointed to a pullback in the US dollar index, gains in Taiwan stocks, and foreign capital inflows as three tailwinds behind the New Taiwan Dollar's rise on 2026-08-14CITE:E10. The move followed two US data releases that day: the July Consumer Price Index rose 3.4% year on year, in line with expectationsCITE:E8, while the July Producer Price Index rose 4.7% year on year, cooler than June's reading, which lowered market expectations for a Federal Reserve rate hike in September and pulled the dollar index backCITE:E9.
Can the New Taiwan Dollar hold above 31, and what risks remain?
Currency bankers said whether the New Taiwan Dollar can close and hold above the 31 level depends on the central bank's defensive stance, given how quickly the currency has appreciatedCITE:E10. A foreign-exchange trader added that with Middle East tensions still shifting and headlines changing repeatedly, foreign investors have not shown a consistent directional bias, instead trading both sides of the market as news flow dictatesCITE:E6.
Across the two sessions in the evidence, the New Taiwan Dollar's push through 31 coincided each time with supporting conditions on other fronts: on 2026-03-25 it moved alongside a 826.87-point equity rally and NT$36.327 billion in foreign net buyingCITE:E1CITE:E4, while on 2026-08-14 it moved alongside a softer US PPI reading and reduced Fed rate-hike expectationsCITE:E9. Bankers and traders cited in the same evidence flag two open questions for what comes next: the central bank's defensive posture as the currency approaches 31CITE:E10, and the absence of a consistent foreign-investor direction amid shifting Middle East headlinesCITE:E6.