(Bloomberg) -- Taiwan's dollar had the biggest gain
in almost six months as overseas investors increased purchases of
the island's equities.
The local dollar rebounded from an almost three-week low
reached on June 15 as stock exchange data showed overseas fund
managers bought a net $1.3 billion of shares today, the most
since December 2005. The benchmark Taiex index of stocks climbed
2.1 percent to close at the highest since June 2000. Financial
markets were shut on June 18 and 19 for public holidays.
Read more at Bloomberg Currencies News
in almost six months as overseas investors increased purchases of
the island's equities.
The local dollar rebounded from an almost three-week low
reached on June 15 as stock exchange data showed overseas fund
managers bought a net $1.3 billion of shares today, the most
since December 2005. The benchmark Taiex index of stocks climbed
2.1 percent to close at the highest since June 2000. Financial
markets were shut on June 18 and 19 for public holidays.
Read more at Bloomberg Currencies News
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