Forex News USD/TWD ticks lower at 30.350 vs 30.359 last close on rise in Taiwan shares (last +0.6%), says local bank trader. Tips pair in 30.300-30.380 band rest of session. Taiwan government's announcement to loosen restrictions on investment in China (yesterday) positive cue for economy in long-term; optimistic outlook may attract foreign inflows to local stock market. Some economists expect pair to hit 28.00-29.00 by end of next year.
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