Global Market: Taiwan dollar surges to one-month high as foreign flows boost currency

Taiwandollar surged 0.5% to a one-month high as foreign investors poured funds intolocal equities. The move reflects stronger capital inflows, limited centralbank intervention and growing speculation over tougher U.S. scrutiny ofcurrency policies, raising questions about Taiwan’s exchange-rate flexibilityand the competitiveness of its export-driven economy.