The recent fluctuations in the foreign exchange rate are the visible manifestations of a war between the CBC and speculators who have been holding US dollars in anticipation of depreciation in the local currency. As early as the end of July, there was a scent of smoke in the air over the forex market as the NTD fell to 28: 1.
這一波匯率波動可視做央行和緊抱美金、看貶台幣的投資者之間的攻防戰，早在七月底台幣貶破二十八元，其間的煙硝味即已在匯市蔓延。