Taiwan's Semiconductor Factories Remain Steady Amid NT Dollar Surge
6 day ago / Read about 0 minute
Author:小编   

Despite the significant appreciation of the New Taiwan Dollar (NT$), most semiconductor manufacturers have maintained their pricing strategies. They explained that since the majority of their export orders are denominated in US dollars, they have refrained from adjusting their quotations in response to exchange rate fluctuations. Nonetheless, these manufacturers remain vigilant, closely monitoring the USD-NT$ exchange rate dynamics. To mitigate risks associated with exchange rate volatility, they employ natural hedging mechanisms and promptly adjust their US dollar holdings, ensuring a diversified approach to managing currency risks.