Tue, Jul 18, 2006 - Page 11 News List

NT dollar may strengthen again

GOOD PROSPECTS The currency looks likely to continue its longest winning stretch since 2003 with a majority of financial experts polled in a survey recommending `buy'

BLOOMBERG

Taiwan's central bank last raised its benchmark interest rate on June 29 for an eighth straight time to 2.5 percent, the highest in almost five years, and suggested more increases. South Korea and Thailand raised rates last month and the Bank of Japan on Friday lifted rates for the first time in almost six years.

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