Dollar Hegemony and Currency Fluctuations: Can the New Taiwan Dollar Appreciate?
The dominance of the U.S. dollar persists, but that does not mean the dollar will not fluctuate in value. Recently, many experts have pointed out that excessive money printing will continue to exert depreciation pressure on currencies. In this context, whether the New Taiwan Dollar will appreciate depends on the direction of U.S. monetary policy.
Analysts suggest that if the U.S. further lowers interest rates and conducts large-scale asset purchases, it could lead to dollar depreciation, potentially pushing the New Taiwan Dollar to appreciate. This phenomenon may have significant implications for the global market, especially Taiwan's economy.
