Dollar Rate TWD Ends Lower;Tipped In 31.800-31.950 Tuesday

Dollar Rate TWD ends lower at 31.9480 late vs 32.0180 Friday, but off afternoon lows of 31.8600 on suspected central bank intervention, two local bank traders say. Both estimate central bank may have bought around US$15 million late Monday. One of the traders tipped pair in 31.8000-31.9500 band Tuesday, 'TWD is still on the uptrend on rising interest in Taiwan stocks amid warming cross-strait relations and improving economic outlook.' Another trader says pair weighed by Taiex's 0.8% gain.