Business2 sources
Taiwan Dollar Weakens Past 33 Per US Dollar Due to AI Selloff
- The Taiwan dollar weakened past 33 per US dollar for the first time since April 2025.
- A broad retreat in artificial intelligence shares affected Taiwan's tech-heavy equity market.
- Foreign equity outflows contributed to the weakening of the Taiwan dollar.
- This is the first time the Taiwan dollar has weakened past 33 per US dollar since April 2025.
- The weakening of the Taiwan dollar is linked to investor jitters over AI stocks.