Central bank has AI in its intervention corner


Positive outcomes: People visit the AI Expo in Taipei. An artificial intelligence-fuelled tech boom has offered Taiwan some reprieve as the local currency weakens less than the South Korean won and Japanese yen. — AP

TAIPEI: As a strong US dollar drives up currency volatility across Asia, an artificial intelligence-fuelled tech boom has offered Taiwan some reprieve.

The local currency weakened less than the South Korean won and Japanese yen in April, a turbulent month for the region as Federal Reserve (Fed) policy bets shifted.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Indonesia treads with care
Beauty lovers turn to TikTok and Amazon
Pricey beans�brew consumer shift
Guiding rural Thais to prosperity
Asia rides the dollar dip
EM optimism after stellar year
Trump travel ban adds to Caribbean woes
Philippine stocks set for recovery
Bull charges cautiously
Bursa’s quiet year sets stage for comeback

Others Also Read