Taiwan has long been considered an attractive investment destination for international investors, but optimism has been building higher over the past few weeks. With 10-year bonds now yielding 1.151%, investors are becoming increasingly optimistic about the country's growth, despite the noticeable slowdown in China.
Recently, Taiwan's central bank purchased greenbacks to counter gains in the island's currency on most days over the past eight months, according to traders cited by Bloomberg. The easing of this currency is likely to further stimulate the economy by keeping export prices down.
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