{
  "id": 15563885,
  "title": "Taiwan dollar bulls look past AI-led selloff to year-end rally",
  "url": "https://urgent.news/2026/10/19/taiwan-dollar-bulls-look-past-ai-led-selloff-to-year-end-rally",
  "topic": "ai",
  "section": "AI",
  "published": "2026-10-19T04:50:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/taiwan-dollar-bulls-look-past-ai-led-selloff-to-year-end-rally"
  },
  "original_language": "en",
  "account": "Taiwan’s currency, the Taiwan dollar, has been weakened by global concerns surrounding artificial intelligence investments. However, analysts believe that the island’s strong economic performance and trade surplus may drive a year-end rally in the currency. Oversea-Chinese Banking Corporation and ING Bank predict the Taiwan dollar could appreciate to 31.60 and 31.50 per US dollar respectively, indicating an increase of roughly 3% from current levels. Despite short-term worries linked to lofty AI stock valuations and foreign portfolio outflows, experts believe that fundamental trade support will ultimately prevail. Taiwan’s robust economic growth, current account surplus, and AI-driven semiconductor industry are all factors expected to contribute to the currency’s appreciation, with MUFG Bank’s Lin Li projecting a rise to 31.8 per US dollar by year-end and ING Bank’s Lynn Song expecting a high of 32.5 per US dollar within the year. However, foreign capital flight and rising crude prices continue to put pressure on the currency, making volatility a dominant theme rather than sustained weakness. Analysts remain closely monitoring the currency’s performance around the 31.5-32.5 range, which has been deemed comfortable for the Central Bank of the Republic of China in maintaining relative stability.",
  "summary": "Analysts say record trade surpluses and AI-related exports continue to generate underlying Taiwan dollar support.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}