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In a new report today, Economists are predict that Taiwan's currency will come under greater pressure in the coming months after the country's July export orders and industrial output fell well below expectations. According to the Ministry of Economic Affairs, export orders in July reached US$13 billion, a 19.2% increase from the previous year, but well below the record of US$13.9 billion set in June. Meanwhile, industrial production rose 6.9%, significantly lower than the 10.1% growth recorded in June.
Tuesday, 22 August, 2000