NT$ exchange rate rises on second biggest transaction value.

Taipei, June 25, 2002 (CENS)--Concomitant with strong rally of Japanese yen and euro against the greenback, Taiwan currency continued surging ahead yesterday with the exchange rate closing NT$0.083 higher at NT$33.772 amid active trading

Total transactions amounted to US$2.74 billion, the second highest daily turnover on record. The New Taiwan dollar (NT$) opened sharply higher at NT$33.832 for a gain of NT$0.23 and at NT$33.67 for a rise of NT$0.181 in the morning

The maximum intraday rise once reached NT$0.305 when nearly all exporters-- especially electronics companies--banks and forex investors, raced to unload their greenback holdings. The Central Bank …