Why did the Taiwan’s Dollar go up? | The Daily Brief
Автор: Markets by Zerodha
Загружено: 2025-05-08
Просмотров: 25733
Описание:
In today's episode of The Daily Brief, we cover 2 major stories shaping the Indian economy and global markets:
1. Why the Taiwanese Dollar Surged Like Never Before
The Taiwanese dollar recently jumped over 6% against the US dollar — a once-in-a-generation move driven by exporters, insurers, and a sudden shift in central bank behavior. We’ll explore Taiwan’s deep exposure to USD assets, hidden FX interventions, and the structural factors behind this currency chaos.
2. Samsung vs Indian Tax Authorities: ₹5,000 Cr Dispute
Samsung India is facing a massive ₹5,000 crore tax and penalty claim over how it classified telecom equipment imports. At the core is a customs duty dispute that could wipe out most of the company’s profits — and it's part of a larger crackdown by Indian authorities.
Timestamps:
00:00 Intro
00:43 Why Taiwan’s Currency Spiked
09:48 The taxman is after Samsung
19:12 Tidbits
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Listen to this episode on your preferred podcast platform:
Spotify: https://open.spotify.com/show/2SJiLdv...
Apple Podcasts: https://podcasts.apple.com/in/podcast...
Watch this episode in Kannada on @marketsbyzerodhakannada : • What’s behind the TWD jump? | The Daily Br...
Disclaimer: Some image(s) may have been created using Al, no copyright infringement is intended.
Note: This content is for informational purposes only. None of the stocks, brands or products mentioned are recommendations or endorsements.
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