02-07-2025
Taiwan Sets Up Task Force to Help Companies Manage Currency Risk
Taiwan has formed a task force to help exporters and small- and medium-sized enterprises mitigate the impact of the local dollar's sharp appreciation, reflecting growing concern about a surging currency.
'We hope to assist SMEs in coping with exchange rate fluctuations through government support and help them explore the available hedging tools in the current financial environment,' deputy minister Ho Chin-tsang of the Ministry of Economic Affairs said at a briefing Wednesday.
