Published at 07:34 (GMT) 09 Feb

USDTWD

The Taiex closed at 2.01% today amidst underlying caution in the region. Foreigners however remained net seller of local equities and related outflows continue to underpin the pairing. Prices were seen oscillating around the 32.100-mark today as exporters demand ahead of the long Lunar New Year weighed. Intervention risks remain and another last minute buying of the pairing by the central bank before closing will not be discounted. Some comments from President Ma: He said that a proposed trade pact with China will help attract FDI and create jobs else Taiwan may be "marginalised" without the trade agreement as other countries snub FTA with Taiwan so as not to incur China's wrath. He assured that Taiwan will not allow more Chinese agricultural imports. JA