The US dollar to Taiwan dollar has fallen below the 31 mark, dropping 10% in 3 days💀

Holding U can also lead to losses 😮‍💨？

Do you remember that a meme was quite popular in Taiwan last year?

: You, who did nothing, have outperformed countless cryptocurrency traders

(Because at that time, the US dollar to Taiwan dollar rose from 30.7 in December 23 to about 32.8 in July last year, an increase of 7% 📈)

Last year's Q3 just happened to perform poorly until Trump took office, so holding U in Taiwan was already considered a win over many people.

However, in the past few days, the exchange rate of the US dollar to Taiwan dollar has plummeted nearly 10% in just three days…

This means that Taiwanese people who recently invested to buy the dip may have been ambushed by this sudden strengthening of the Taiwan dollar 😮‍💨

So, what might be affected next?

Including supply chains, the housing market, and the job market, there will be a series of impacts. It seems that the strengthening of the Taiwan dollar will lead to an increase in purchasing power, but the pressure may shift to employment, government finances, and various other aspects.

A turbulent year, more countermeasures are needed.