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Spot USD/TWD has moved higher since the open, the rate last at 27.983.
- On Friday foreign funds sold $334.49m, the third consecutive day of selling and brings net purchases last week to around $45m, and all but wiped out two days of heavy net purchases earlier in the week.
- Volumes are expected to be thin this week with no stocks or bond trading until February 17, after the LNY holiday.