Taiwan Said to Limit Bullish Currency Bets as Yen Hits 2008 Low

Taiwan, seeking to rein in the local dollar and boost export competitiveness, tightened limits on domestic banks’ bullish bets on the currency following the yen’s tumble to the lowest level since 2008. The Central Bank of the Republic of China (Taiwan) reduced the daily cap on the net U.S. dolla…

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Taiwan Said to Limit Bullish Currency Bets as Yen Hits 2008 Low