
Brad Setser
@Brad_SetserInteresting. Taiwan dollar has long been deeply undervalued, and many Taiwanese investors have built up large open positions over time and thus are exposed should the TWD rise without any offset from the central bank ... 1/2

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Interesting. Taiwan dollar has long been deeply undervalued, and many Taiwanese investors have built up large open positions over time and thus are exposed should the TWD rise without any offset from the central bank ... 1/2
What the fuck just happened with USDTWD
USDTWD down ~5%. What's going on?