Most Asian currencies strengthen against dollar as Taiwan dollar extends rally


TAIPEH Feb 8 (Reuters): The Taiwan dollar continued to rise sharply on Monday, despite the country's central bank attempting to crackdown on speculation around the currency, while most other emerging Asian currencies also firmed against the US dollar.

The Taiwan dollar, the region's best-performing currency in 2021 so far, strengthened more than 1.4% on Monday. Rising global demand for tech products from the island's trade-dependent economy has propelled the currency to its strongest in more than 23 years, against the US dollar.

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