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Topic: New Taiwan dollar


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  New Taiwan dollar - Wikipedia, the free encyclopedia
The denominations of the Taiwan Dollar in circulation are
Taiwan was first annexed by the Qing Dynasty in 1683 as a prefecture of Fujian province.
In July 2000, the New Taiwan Dollar became the official currency of the ROC and is no longer secondary to the silver yuan.
en.wikipedia.org /wiki/New_Taiwan_dollar   (871 words)

  
 Economy of Taiwan - Wikipedia, the free encyclopedia
Taiwan is now a creditor economy, holding one of the world's largest foreign exchange reserves of more than $100 billion (100 G$) in 1999.
Taiwan has exported large amounts of frozen pork, although this was affected by an outbreak of hoof and mouth disease in 1997.
Taiwan's accession to the WTO and its desire to become an Asia-Pacific "regional operations center" are spurring further economic liberalization.
en.wikipedia.org /wiki/Economy_of_Taiwan   (1265 words)

  
 New Zealand dollar - Wikipedia, the free encyclopedia   (Site not responding. Last check: 2007-10-08)
The New Zealand dollar (ISO 4217: NZD, sometimes NZ$ and often informally known as the Kiwi (dollar)) is the official currency of New Zealand, the Cook Islands, Niue, Tokelau, and the Pitcairn Islands.
On July 10, 1967, New Zealand decimalised its currencies by introducing the New Zealand dollar, at the rate of $1 per £1.
March 4, 1985 - present day: The dollar's value was determined by the financial markets, and is in the range of about 0.40 - 0.74 United States dollars, with a particularly low valuation during 2001, and particularly high during early 2005, mainly due to the drop in value of the US dollar.
www.leessummit.us /project/wikipedia/index.php/New_Zealand_dollar   (1301 words)

  
 HARIAN UMUM SUARA MERDEKA   (Site not responding. Last check: 2007-10-08)
The New Taiwan dollar was the biggest mover, hit by continuing outflows of foreign funds from the local stock market.
Pressure on the Taiwan currency is likely to persist in the near term due to weakness in the information technology sector, the country's weak banking system, and cross straits tensions with China, according to Claudio Piron, currency strategist at Standard Chartered Bank.
Dollar demand came mainly from foreign investors, who unloaded local stocks for the fifth straight session.
www.suaramerdeka.com /harian/0209/02/eng5.htm   (532 words)

  
 Ministry of Foreign Affairs and Trade: Taiwan Information Paper - June 2005   (Site not responding. Last check: 2007-10-08)
New Zealand interests in Taiwan are represented by the New Zealand Commerce and Industry Office[external link] and Taiwan's interests in New Zealand by the Taipei Economic and Cultural Offices in Wellington and Auckland.
We have contacts within APEC where Taiwan (termed Chinese Taipei) is a member and the WTO (where Taiwan is known as the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu), as well as in a couple of fisheries conventions and the OECD (where Taiwan participates in the Steel, Competition Policy and Trade Committees).
The history of Taiwan since 1949 was initially one of authoritarian one-party rule by the Kuomintang (KMT), confrontation with the mainland, and the development of a highly successful export-focussed economy.
www.mfat.govt.nz /foreign/regions/northasia/country/taiwanpaper.html   (1997 words)

  
 HARIAN UMUM SUARA MERDEKA   (Site not responding. Last check: 2007-10-08)
The Singapore dollar, New Taiwan dollar, Thai baht and Philippine peso strengthened modestly.
The dollar's fall to an intraday low of 1,198.6 won triggered a response from the Ministry of Finance and Economy, which issued a statement saying it would take the necessary steps to stabilize the exchange rate.
The New Taiwan dollar often, but not always, moves in the same direction of the yen because the two countries compete in many of the same export markets.
www.suaramerdeka.com /harian/0207/06/eng8.htm   (711 words)

  
 Taiwan News Online   (Site not responding. Last check: 2007-10-08)
Judging from Taiwan's economic fundamentals, there is no room for the local currency to pick up in value, in particular at a time when the U.S. Federal Reserve is preparing to hike interest rates in the days ahead, sources said, pointing out that the new Taiwan dollar is more likely to depreciate gradually.
Although the new Taiwan dollar has depreciated less compared to other currencies, such as the South Korean won, it has widely been speculated in the domestic foreign currency exchanges that the local unit will further dip to NT$33.2 against the U.S. dollar in the near term following continued falls in recent days.
Taiwan registered a combined trade surplus of US$1.17 billion for the first eight months of this year, an astounding plunge of 79.1 percent from the year-earlier level - another major driving force that Yeh said has sent the new Taiwan dollar plummeting.
etaiwannews.com /Taiwan/Business/2005/09/21/1127267998.htm   (395 words)

  
 Worldworx Travel - Regional Information - Asia - East Asia - Taiwan
Taiwan is a land of many rivers, many of which transform into a series of spectacular waterfalls.
The population of Taiwan is 22,548,009 and 2.8 million of this figure resides in the capital city of Taipei.
Taiwan's economy is dynamic capitalist with a heavy sway toward the banking sector as well as mass industry.
www.worldworx.tv /regional-information/asia/east-asia/taiwan   (418 words)

  
 Taiwan, a new emerging economy
Taiwan goes to the polls on Saturday 3rd December to elect a new legislature (The Legislative Yuan) and there is every indication that the Democratic Progressive Party of President Chen Shui-bian will emerge the victor.
Taiwan's leaders for their part seem determined to push the limits of Chinese patience, a very unpragmatic approach.
Taiwan's jobless rate fell to 4.31 per cent in October from 4.50 per cent in September.
www.newnations.com /archive/2004/December/tw.html   (1770 words)

  
 HARIAN UMUM SUARA MERDEKA   (Site not responding. Last check: 2007-10-08)
SINGAPORE (Dow Jones): Most Asian currencies tracked the falls in the Singapore dollar and the New Taiwan dollar to their weakest levels in more than a decade late Wednesday, as market participants came to grips with the dire state of the region's economies, dealers said.
Signaling the monetary authority's resolve to tolerate a further weakening of the New Taiwan dollar, central bank board Director Lin Chung-hsiung was quoted in a local daily as saying that if the local currency needs to depreciate, it should be allowed to, and that the central bank shouldn't overly intervene in the foreign exchange markets.
The U.S. dollar had risen to a fresh ll-year high of S$1.8377 in early trade, but pulled back to around S$l.8340, as aggressive sales of the U.S. currency by a European and a local bank fueled speculation they were acting on behalf of the Monetary Authority of Singapore, dealers said.
www.suaramerdeka.com /harian/0107/13/eng7.htm   (515 words)

  
 Taiwan Travel Information
Taiwan is situated in the Pacific Ocean about 160 kilometers (100 miles) from the southeastern coast of the Chinese mainland.
Taiwan's climate is subtropical, with average annual temperatures of 22°C (72°F) in the north and 24°C (75°F) in the south.
In central Taiwan, the town of Sanyi is renowned for its wood carvings; the town of Chushan is known for its bamboo furniture, basket, and other decorative items; and Chiayi is noted for its Oolung tea and bamboo handicrafts.
www.asiatravel.com /taiwan/taiinfo.html   (2481 words)

  
 ADB Launches New Taiwan Dollar Bond Issue - ADB.org
The Asian Development Bank (ADB) has launched today a New Taiwan (NT) dollar 2.6 billion public bond issue in Taipei,China's domestic capital market, the first of its kind by a foreign issuer.
The bond issue has been swapped into a US dollar liability, the proceeds of which will be included in the ordinary capital resources of ADB and used in its ordinary operations.
This pioneering transaction aims to have a developmental impact on Taipei,China's domestic bond and currency swap markets by establishing, among other things, a framework and a liquid benchmark to be utilized by domestic and offshore issuers in the NT dollar fixed rate bond sector.
www.adb.org /Documents/News/1995/nr1995064.asp   (226 words)

  
 Global Insight // Perspective   (Site not responding. Last check: 2007-10-08)
The New Taiwan dollar and the Thai bhat have strengthened since December 2002, in line with the appreciation of the yen and other regional currencies.
The New Taiwan dollar is up by some 1.7% from a year ago, while the baht has recorded 3.0% appreciation from last year.
Although sluggish domestic economy, persistent deflation, and a worsening budget deficit have placed mounting pressure on the currency, the Hong Kong dollar’s peg is unlikely to drop in the short term, supported by continued current account surplus, as well as the government’s desire to retain confidence and stabilize the investment environment.
www.globalinsight.com /Perspective/PerspectiveDetail265.htm   (873 words)

  
 Asia Times
TAIPEI - The New Taiwan dollar's depreciation on Monday was a result of factors other than President Chen Shui-bian's remarks on cross-Strait ties over the weekend, a Central Bank of China official said.
Chou A-ting, director general of the Taiwan central bank's foreign exchange department, said Chen's "one side, one country" statement to describe Taiwan's status quo regarding mainland China had no noticeable impact on the value of the local currency and that a stronger US dollar is the major reason behind the Taiwan unit's depreciation.
A survey by Taiwan cable network ETTV showed Chen's approval rate sinking to a record low 46 percent after he said on Saturday that holding a referendum on independence was a "basic human right" and in reality there was "one country on each side" of the Taiwan Strait.
www.atimes.com /atimes/China/DH07Ad02.html   (418 words)

  
 New Taiwan dollar - Indopedia, the Indological knowledgebase
The New Taiwan Dollar (新臺幣 or 新台幣; ISO 4217 code TWD; old abbreviation NT$) or simply Taiwan Dollar is the common currency of the Republic of China (on Taiwan).
The currency was first issued in the 1949 to replace the (old) Taiwan dollar at a 40,000:1 ratio.
The first goal of the New Taiwan Dollar was to end the hyperinflation which had plagued the ROC in its final years on Mainland China.
www.indopedia.org /TWD.html   (375 words)

  
 Taiwan Topic Center - China
Culture of Taiwan Taiwan's culture is a blend of culture of Chinatraditional Chinese with western and Asian influences.
Taiwan Taiwan is located off the coast of Mainland China in the Pacific Ocean.
Strait of Taiwan Image:Taiwan Strait.pngthumb300pxTaiwan Strait Area The Taiwan Strait or Formosa Strait is a 180km...
www.famouschinese.com /topic/Taiwan   (367 words)

  
 Taiwan - Wikitravel
Taiwan's new high speed rail system similar to the Shinkansen in Japan is currently under construction with completion scheduled for late 2006.
Taiwan's banking system is light-years ahead of most other countries, with the ability to use any of the abundant 24-hour ATM Machines to withdraw cash from anywhere in the world.
Taiwan does not have a culture of binge drinking and is rare to see anyone drunk on the streets.
wikitravel.org /en/Taiwan   (7121 words)

  
 Asia Times Online :: China News, China Business News, Taiwan and Hong Kong News and Business.
The new Taiwan dollar-yuan exchange services began Monday on the outlying Kinmen and Matsu islands, from where China-bound passengers, mainly Taiwan businessmen and tourists, can use their direct shipping links to Xiamen and Fuzhou in China's Fujian province - popularly called the "mini three links" - that were opened in January, 2001.
Taiwan passengers highly praised the service, saying that the measure helps them save a lot of trouble in exchanging yuan and provides them with a legal channel to get rid of fake Chinese currency despite the fact that the exchange rate is a little higher on Kinmen and Matsu than on Chinese fl markets.
In the past, Taiwan visitors had to approach local tourist agencies on Kinmen and Matsu or fl markets in China to exchange new Taiwan dollars to yuan - a practice that made many of them suffer monetary losses when taking in fake notes.
www.atimes.com /atimes/China_Business/GJ08Cb05.html   (365 words)

  
 Taiwan R.O.C.   (Site not responding. Last check: 2007-10-08)
Following the issuance of the New Taiwan dollar in 1949, the currency began to exhibit a stable trend in terms of its value, and the economy has subsequently developed rapidly.
In recognition of the important place attached to the New Taiwan dollar in the process of economic development in Taiwan, a polymer note in commemoration of the 50th anniversary of the NT dollar is especially being issued.
Obverse: A contracted drawing of the earliest issue of a one New Taiwan dollar note together with a most recently issued one hundred New Taiwan dollar note, as well as pictures depicting a bridge, an express freeway, a railway, the electronics industry, and communications networks.
polymernotes.org /country_pages/TWN.htm   (388 words)

  
 New_Taiwan_dollar   (Site not responding. Last check: 2007-10-08)
The New Taiwan Dollar (新臺幣 or 新台幣; ISO 4217 code TWD; common abbreviation NT$), or simply Taiwan Dollar, is the currency of the Republic of China (on Taiwan).
There are also reports that the Bank of Taiwan under ROC administration did not actually have keep accurate records of the total issuance, and that it printed more notes than was legally allowed [1] (http://www.romanization.com/books/formosabetrayed/chap06.html).
According to the Regulation of exchange rate between New Taiwan Dollars and the fiat currency in the ROC laws (現行法規所定貨幣單位折算新台幣條例;) [2] (http://wikisource.org/wiki/%E4%B8%AD%E8%8F%AF%E6%B0%91%E5%9C%8B%E7%8F%BE%E8%A1%8C%E6%B3%95%E8%A6%8F%E6%89%80%E5%AE%9A%E8%B2%A8%E5%B9%A3%E5%96%AE%E4%BD%8D%E6%8A%98%E7%AE%97%E6%96%B0%E8%87%BA%E5%B9%A3%E6%A2%9D%E4%BE%8B), the exchange rate is fixed at 3 TWD per 1 silver yuan and has never been changed despite decades of inflation.
www.usedaudiparts.com /search.php?title=New_Taiwan_dollar   (803 words)

  
 Forex News
NEW YORK, Oct 21 (Reuters) - The dollar rose on Friday as the market bought the currency ahead of the weekend based on expectations for higher U.S. interest rates.
NEW YORK, Oct 21 (Reuters) - The dollar was narrowly mixed on Friday as the market reassessed how much higher the dollar could go based on expectations for higher U.S. interest rates.
NEW YORK, Oct 21 (Reuters) - The dollar climbed on Friday as the market bought the currency ahead of the weekend based on expectations for higher U.S. interest rates after an investment bank raised their target for the benchmark federal funds rate.
www.forextradingresources.com /news/forex-news.php   (437 words)

  
 Forex Trading Blog   (Site not responding. Last check: 2007-10-08)
NEW YORK, Oct 19 (Reuters) - The dollar was off a two-year high against the yen and a three-month peak versus the euro reached earlier on Wednesday, but still was mostly higher on the day as investors continued to focus on yield.
NEW YORK, Oct 14 (Reuters) - The dollar weakened on Friday after a string of U.S. economic reports that were generally softer than economists had expected, prompting traders who had bought the dollar ahead of the data to sell it back.
NEW YORK, Oct 14 (Reuters) - The dollar weakened on Friday as a slew of softer-than-expected U.S. economic data suggested the Federal Reserve could be under less pressure to raise interest rates to curb inflation.
www.forexheaven.com /blog   (4068 words)

  
 Taiwan General Information
Taiwan has rejected Pekings efforts at reunification, but unofficial dealings with the mainland have grown more flexible in the 1980s.
The majority of Taiwanese are ethnic (Han) Chinese who began to emigrate to Taiwan in the 15th cent.
About one quarter of Taiwan's land area is cultivated; rice, wheat, sugarcane, and sweet potatoes are the most important cr ops.
www.softidea.com /twhakkausa/taiwan_info.html   (565 words)

  
 Calculator for New Zealand Dollar (NZD) Currency Exchange Rate Conversion   (Site not responding. Last check: 2007-10-08)
Enter the amount to be converted in the box to the left of the currency and press the "convert" button.
The New Zealand Dollar is the currency in New Zealand (NZ, NZL), Cook Islands (CK, COK), Niue (NU, NIU), Pitcairn Island, and Tokelau (TK, TKL).
For example, US Dollars are rounded to the penny and New Zealand Dollars are rounded to the nickel.
coinmill.com /NZD_calculator.html   (327 words)

  
 Morgan Stanley   (Site not responding. Last check: 2007-10-08)
We retain our view that monetary policy in Taiwan remains relatively ineffective thanks to disintermediation, although further cuts in interest rates could help ease the burden on cash-strapped debtors and lessen the appreciation pressure on the New Taiwan dollar.
In our view, what matters most for Taiwan are the resolution of bad loans and the consolidation of the overcrowded banking industry, which prospered in the past, serving the property sector and scattered agricultural interests.
It is vital that Taiwan reestablish a financial system that effectively intermediates savings into investments, as this would allow monetary policy to respond to variables, and ensure that aggregate demand can be effectively managed.
www.morganstanley.com /GEFdata/digests/20020626-wed.html   (4497 words)

  
 Taiwan
Taiwan's banks have fllisted some 50,000 customers for defaulting on cash-card debts in the past month in a bid to avert an all-out credit crisis.
Activities on the Chinese mainland to mark the 60th anniversary of the liberation of Taiwan from Japan have improved relations between the two sides of the Taiwan Straits, according to a visiting scholar from Taiwan.
The South Pacific Tourism Organization (SPTO) has rejected Taiwan's bid to be a member of the group, according to Monday's reports of Papua New Guinea's newspaper the National.
www.newsbug.net /topica/taiwan.php   (408 words)

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