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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Taiwan dollar rises for 3rd day on exporters Reuters - Friday, December 26 TAIPEI, Dec 26 - The Taiwan dollar <TWD=TP> strengthened for a third day in thin trade on Friday, as exporters purchased the local currency to meet their cash needs at home before the end of the year. The Taiwan dollar <TWD=TP> rose to T$32.965 against the U.S. dollar by 0135 GMT from Thursday's close of T$33.030. Volume on the Taipei Forex Inc exchange was thin at $27 million as of 0130 GMT, lower than $34 million the same time a day earlier. "It's a quiet day as it's near the end of the year," said a dealer in Taipei. "Only some exporters bought the Taiwan dollar," the dealer said, adding the Taiwan dollar would not fall too much before the year-end as exporters continued to convert their holdings of U.S. dollars. He expected the currency to trade between T$32.9 and T$33.1 through next Wednesday. On the smaller Cosmos exchange <COSMOS1> exchange, the Taiwan dollar rose to T$32.970 by 0135 GMT from Thursday's finish of T$33.017. (Reporting by Gina Chang and Yvette Chen; Editing by Jonathan Hopfner) Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Business SKorean Constitutional Court endorses US beef importsAFP - 8 minutes ago Wockhardt seeks shareholder nod to raise 5 bln rupeesReuters - 14 minutes ago Sinopec finishes building Zhenhai commercial storageReuters - 16 minutes ago GLOBAL MARKETS-Nikkei hits 6-wk high as risk appetite improvesReuters - 18 minutes ago Turkey's Grundig says signs TV deal with SonyReuters - 19 minutes ago Most Popular – Business Viewed US sees no holiday cheer; Russia, China warn of grim 2009 Actress Jennifer Aniston appears naked in GQ magazine Australian 'mummy smuggler' arrested in Cairo Guinea PM turns himself in at military camp Weather outside frightful for US, Canada travelers View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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